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12 Stocks Moving In Wednesday's Pre-Market Session

YELP, GERN, TEVA, FANG


Gainers

  • Imprivata Inc (NYSE: IMPR) shares rose 29.8 percent to $18.82 in pre-market trading following A deal with Thoma Bravo.
  • Juno Therapeutics Inc (NASDAQ: JUNO) rose 24.5 percent to $34.60 in the pre-market trading session following news of drug trial resuming. Juno Therapeutics will resume its JCAR015 Phase 2 Rocket trial.
  • Kite Pharma Inc (NASDAQ: KITE) rose 8.3 percent to $50.83 in pre-market trading following news of Juno Therapeutics’ drug trial resuming
  • Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) rose 5.3 percent to $55.23 in pre-market trading after the company raised its Q2 guidance.
  • Pandora Media Inc (NYSE: P) shares rose 4.5 percent to $13.66 in pre-market trading. Piper Jaffray upgraded Pandora from Neutral to Overweight.
  • Geron Corporation (NASDAQ: GERN) shares rose 3 percent to $2.78 in pre-market trading as the company reported the issuance of US patents related to Imetelstat.
  • Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) shares rose 2 percent to $120.27 in pre-market trading after dropping 4.40 percent on Tuesday.

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

Losers

  • Michaels Companies Inc (NASDAQ: MIK) shares fell 4.7 percent to $27.5 in the pre-market trading session. Michaels Companies reported an offering of 11 million shares via selling holders. The company now expects Q2 results in the lower-to-middle range of its earlier disclosed outlook.
  • GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) shares fell 3.7 percent to $93.50 in pre-market trading. GW Pharma priced its 2.8 million offering at $90 per ADS.
  • Yelp Inc (NYSE: YELP) shares fell 3 percent to $29.50 in pre-market trading. Wells Fargo downgraded Yelp from Market Perform to Underperform.
  • Diamondback Energy Inc (NASDAQ: FANG) fell 2.2 percent to $90.00 in pre-market trading. Diamondbank Energy reported a launch of 5.5 million share common stock offering and increased its FY16 production guidance. The company also lowered its FY16 lease operating expense outlook.
  • Smith & Wesson Holding Corp (NASDAQ: SWHC) shares fell 2.1 percent to $28.00 in pre-market trading after declining 2.62 percent on Tuesday.


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