Gainers
Envision Healthcare Holdings Inc (NYSE: EVHC) shares
rose 9.16 percent to $28.00 in pre-market trading. Envision Healthcare is said to be in discussions with Amsurg Corp
(NASDAQ: AMSG), regarding a potential merger, according to
sources as reported by Dow Jones on Wednesday. A deal could be announced as early as next week, the sources said.
Calumet Specialty Products Partners, L.P (NASDAQ: CLMT) rose 7.89 percent to $6.15 in pre-market trading after surging 14.92 percent
on Wednesday.
SolarCity Corp (NASDAQ: SCTY) shares rose 5.07
percent to $24.24 in pre-market trading. Baird upgraded SolarCity from Neutral to Outperform.
J M Smucker Co (NYSE: SJM) shares rose 3.23 percent
to $137.00 in pre-market trading as the company reported stronger-than-expected earnings for its fourth quarter and offered upbeat
forecast for the fiscal year 2017.
Sarepta Therapeutics Inc (NASDAQ: SRPT) rose 3.14
percent to $20.05 in pre-market trading after the company announced a proposed offering of approximately $37.5 million in common
stock.
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Losers
Restoration Hardware Holdings Inc (NYSE: RH) shares
fell 20.43 percent to $28.70 in pre-market trading as the company reported weaker-than-expected earnings for the first quarter and
lowered its full-year forecast. Deutsche Bank downgraded Restoration Hardware from Buy to Hold and lowered the price target from
$50.00 to $35.00.
Insmed Incorporated (NASDAQ: INSM) shares fell
17.57 percent to $9.90 in pre-market trading. Insmed reported that it has withdrawn its Marketing Authorization Application for
ARIKAYCE in Europe.
Performance Sports Group Ltd (NYSE: PSG) shares fell
8.46 percent to $3.19 in pre-market trading. Performance Sports Group named Harlan Kent as its new Chief Executive Officer and
lowered its earnings outlook.
Tesco Corporation (USA) (NASDAQ: TESO) shares fell
6.33 percent to $7.40 in pre-market trading. Tesco priced offering of 7 million shares at $7.00 per share.
Chesapeake Energy Corporation (NYSE: CHK) shares fell
3.42 percent to $4.80 in pre-market trading. RBC Capital downgraded Chesapeake Energy from Sector Perform to Underperform.
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