Benzinga’s Top Pre-Market NASDAQ Gainers (ARMH, DGIT, COGT, BRCD)

ARM Holdings Plc ARMH rose 3.36% to $16.29 in the pre-market session. Analysts at William Blair initiated coverage of ARMH with a “market perform” rating. DG FastChannel Inc DGIT added 2.18% to $15.44 in pre-market trading. Analysts at Merriman downgraded DGIT from “buy” to “neutral.” Cogent Inc COGT moved up 1.08% to $11.21 in pre-market trading. 3M Co MMM had agreed to purchase COGT for more than $900 million or $10.50 per share. Brocade Communications Systems Inc BRCD gained 1.00% to $5.03 in the pre-market session. BRCD’s shares have fallen 31.41% over the past 52 weeks, while the S&P 500 index has gained 2.77% in the same period. Read more from Benzinga's Company news.