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Market Overview

Benzinga’s Top Pre-Market Gainers (AES, OSIS, RMBS, AMLN, DECK)

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The AES Corporation (NYSE: AES) increased 2.56% to $12 in the pre-market session. The AES Corporation reported today a fourth-quarter net loss of $48 million, or $0.07 per share, from $47 million, or $0.07 per share, for the same quarter last year. Analysts had expected AES to report earnings of $0.21 per share. The 52-week trading range for The AES Corporation is $4.80 - $15.44. In the last six months, AES has declined over 16%.

OSI Systems, Inc. (NASDAQ: OSIS) climbed 4.33% to $30.58 in the pre-market session. In the previous trading session, OSI Systems closed at $29.31. OSI Systems has surged over 74% in the last year. The 52-week trading range for OSIS is $13.86 - $32.58.

Rambus Inc. (NASDAQ: RMBS) jumped 2.89% to $22.10 in the pre-market session. Rambus announced yesterday that its Board of Directors approved a new share repurchase program authorizing the repurchase of up to 12.5 million shares. The 52-week trading range for RMBS is $7.36 - $26.00. Rambus closed at $21.48 in the last trading session.

Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) moved up 2.44% to $18.03 in the pre-market session. Amylin Pharmaceuticals, Inc., Eli Lilly and Company and Alkermes, Inc. confirmed yesterday that the U.S. Food and Drug Administration has set a new Prescription Drug User Fee Act action date of March 12 for its review of the exenatide once weekly new drug application. The 52-week trading range for AMLN is $7.89 - $19.99. Amylin Pharmaceuticals closed at $17.60 in the previous trading session.

Deckers Outdoor Corporation (NASDAQ: DECK) surged 8% to $114.65 in the pre-market session. Deckers Outdoor Corporation announced yesterday that for fiscal 2010, it expects revenue growth of approximately 11% over fiscal 2009 and diluted earnings per share to increase approximately 5% over the non-GAAP diluted EPS of $8.94 in fiscal 2009. In the previous trading session, DECK closed at $106.16. Deckers Outdoor has climbed over 54% in the last six months.

 

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Posted-In: Pre-Market Outlook Movers