Gainers
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Qunar Cayman Islands Ltd (NASDAQ: QUNR) shares
rose 7.87 percent to $28.50 in pre-market trading after the company reported that it has received a go-private offer of $30.39
per ADS from Ocean Management Limited.
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Micron Technology, Inc. (NASDAQ: MU) shares rose
5.50 percent to $13.42 in pre-market trading. Nomura upgraded Micron from Reduce to Buy and raised the price target from $8.00
to $18.00, while Susquehanna upgraded the stock from Neutral to Positive and raised the price target from $10.00 to $18.00.
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Herman Miller, Inc. (NASDAQ: MLHR) rose 4.49
percent to $32.61 in pre-market trading as the company reported upbeat results for its fourth quarter and issued a strong
forecast for the current quarter. The company also raised its quarterly dividend from $0.1475 per share to $0.17 per share.
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Shire PLC (ADR) (NASDAQ: SHPG) shares rose 4.34
percent to $183.00 in pre-market trading after gaining 0.44 percent on Wednesday.
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Ryanair Holdings plc (ADR) (NASDAQ: RYAAY) rose
3.89 percent to $83.32 in pre-market trading after declining 0.80 percent on Wednesday.
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Eleven Biotherapeutics Inc (NASDAQ: EBIO) rose 3
percent to $2.40 in pre-market trading. Eleven Biotherapeutics announced plans to eliminate 14 positions, representing around
70 percent of its workforce.
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Mosaic Co (NYSE: MOS) shares rose 3.59 percent to
$27.70 in pre-market trading after dropping 0.85 percent on Wednesday.
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Losers
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New York Mortgage Trust Inc (NASDAQ: NYMT) shares
fell 13.72 percent to $5.22 in pre-market trading after declining 4.84 percent on Wednesday.
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Steelcase Inc. (NYSE: SCS) shares fell 10.39 percent
to $13.20 in pre-market trading. Steelcase reported better-than-expected results for its first quarter, but issued a weak
outlook for the second quarter.
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Red Hat Inc (NYSE: RHT) shares fell 5.49 percent to
$75.37 in pre-market trading. Red Hat reported in-line earnings for its first quarter, but exceeded analysts’ sales estimates.
The company issued a weak earnings forecast and announced a $1 billion buyback program. Red Hat also announced plans to acquire
API management leader 3scale.
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CACI International Inc (NYSE: CACI) shares fell
5.84 percent to $93.50 after the company issued a weak forecast for 2017.
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Bed Bath & Beyond Inc. (NASDAQ: BBBY) fell 4.38
percent to $41.29 in pre-market trading after the company reported weaker-than-expected earnings for its first quarter on
Wednesday.
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