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12 Stocks Moving In Thursday's Pre-Market Session

FSLR, PTCT, PEP, ARE, LEDS, ROIC, BBWI, EMKR, BMRN


Gainers

  • SemiLEDs Corporation (NASDAQ: LEDS) shares rose 39.7 percent to $4.61 in pre-market trading after filing of large insider buy released. Dr. Peter Chiou will purchase 577,000 shares of SemiLEDs common stock at $5.00 per share.
  • AVG Technologies NV (NYSE: AVG) shares rose 32 percent to $24.80 in pre-market trading after Avast Software announced plans to acquire AVG Technologies for $1.3 billion in cash.
  • WhiteWave Foods Co (NYSE: WWAV) rose 19.1 percent to $56.45 in pre-market trading after France's Danone SA announced its plans to buy WhiteWave Foods for $56.25 per share in cash.
  • PTC Therapeutics, Inc. (NASDAQ: PTCT) shares rose 18.2 percent to $8.40 in pre-market trading. PTC Therapeutics and NHS England have successfully negotiated a Managed Access Agreement for Translarna for patients with nonsense mutation Duchenne muscular dystrophy.
  • EMCORE Corporation (NASDAQ: EMKR) rose 14 percent to $6.50 in pre-market trading. EMCORE announced a special dividend of $1.50 per share.
  • BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) shares rose 9.2 percent to $88.20 in pre-market trading. Roche is said to have renewed interest in BioMarin, Betaville reported.
  • Pernix Therapeutics Holdings Inc (NASDAQ: PTX) shares rose 5.7 percent to $0.465 in pre-market trading as the company reported restructuring of sales force and operations. Pernix Therapeutics announced plans to reduce workforce by 23 percent
  • PepsiCo, Inc. (NYSE: PEP) rose 2 percent to $107.87 in pre-market trading as the company reported better-than-expected Q2 earnings.

Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.

Losers

  • First Solar, Inc. (NASDAQ: FSLR) shares tumbled 3.7 percent to $47.33 in the pre-market trading session. Deutsche Bank downgraded First Solar from Buy to Hold and lowered the price target from $80.00 to $44.00.
  • Alexandria Real Estate Equities Inc (NYSE: ARE) shares fell 3.5 percent to $101.70 in pre-market trading after the company reported an offering of 6,500,000 shares of common stock.
  • L Brands Inc (NYSE: LB) fell 2.5 percent to $66.80 in pre-market trading. L Brands reported a 6 percent rose in June same store sales.
  • Retail Opportunity Investments Corp (NASDAQ: ROIC) shares dipped 2.1 percent to $21.58 in pre-market trading as the company reported a proposed offering of common stock of 5.7 million shares.


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