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12 Stocks Moving In Monday's Pre-Market Session

ERIC, BCLI, LII, HMNY, TWLO, GRPN, INFY, JBHT


Gainers

  • ARM Holdings plc (ADR) (NASDAQ: ARMH) rose 43.6 percent to $67.60 in pre-market trading after SoftBank Group Corp agreed to acquire ARM Holdings in a $32.2 billion deal.
  • Brainstorm Cell Therapeutics Inc (NASDAQ: BCLI) rose 20.4 percent to $3.60 in the pre-market trading session after the company reported positive top line results from the U.S. Phase 2 Study of NurOwn in patients with Amyotrophic Lateral Sclerosis.
  • Groupon Inc (NASDAQ: GRPN) shares rose 8.9 percent to $3.80 in pre-market trading. Piper Jaffray upgraded Groupon from Neutral to Overweight and raised the price target from $4.00 to $6.00.
  • Capital Product Partners L.P. (NASDAQ: CPLP) rose 5.3 percent to $3.59 in pre-market trading after surging 13.67 percent on Friday.
  • Lennox International Inc. (NYSE: LII) shares rose 2.4 percent to $151.56 in pre-market trading after the company reported better-than-expected quarterly earnings and raised its FY16 earnings outlook. The company also announced a new $100 million buyback plan.
  • Vanguard Natural Resources, LLC (NASDAQ: VNR) shares rose 2.1 percent to $2.02 in pre-market trading after gaining 12.50 percent on Friday.
  • Match Group Inc (NASDAQ: MTCH) rose 2.1 percent to $16.52 in pre-market trading after gaining 2.92 percent on Friday.

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

Losers

  • Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC) shares fell 4.4 percent to $7.43 in pre-market trading after declining 0.64 percent on Friday.
  • Twilio Inc (NYSE: TWLO) shares fell 4.1 percent to $41.25 in pre-market trading after various analysts initiated coverage on the stock. JPMorgan initiated coverage of the company with a Neutral rating, while Goldman Sachs initiated coverage on the stock with a Neutral rating.
  • Helios and Matheson Analytics Inc (NASDAQ: HMNY) shares fell 2.9 percent to $8.82 in pre-market trading. Helios and Matheson reported that it has filed a $50 million shelf.
  • J B Hunt Transport Services Inc (NASDAQ: JBHT) shares fell 2 percent to $83.72 in the pre-market trading session after the company reported downbeat Q2 earnings and revised its FY16 outlook.
  • Infosys Ltd ADR (NYSE: INFY) shares fell around 2 percent to $16.50 in pre-market trading. Credit Suisse downgraded Infosys from Outperform to Neutral, while Nomura downgraded the stock from Buy to Neutral.