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18 Stocks Moving In Thursday's Pre-Market Session

TOPS, LUV, URI, BIIB, PHM, QCOM, DPZ, CAMT, INTC


Gainers

  • Relypsa Inc (NASDAQ: RLYP) rose 58.3 percent to $31.81 in pre-market trading after Galenica agreed to acquire Relypsa for $1.53 billion in cash.
  • Joy Global Inc. (NYSE: JOY) shares rose 17.4 percent to $27.64 in pre-market trading after Komatsu Ltd. agreed to acquire the company for around $2.9 billion.
  • TOP SHIPS Inc (NASDAQ: TOPS) shares rose 14 percent to $2.53 in pre-market trading after surging 38.75 percent on Wednesday.
  • QUALCOMM, Inc. (NASDAQ: QCOM) rose 8.7 percent to $60.65 in pre-market trading after the company reported stronger-than-expected results for its third quarter on Wednesday. The company reported adjusted earnings of $1.7 billion and operating income of $2.0 billion.
  • Camtek LTD. (NASDAQ: CAMT) rose 7.4 percent to $2.63 in the pre-market trading session. Camtek reported Q2 adjusted earnings of $0.04 per share on sales of $27.8 million.
  • United Rentals, Inc. (NYSE: URI) shares rose 6.6 percent to $74.46 in pre-market trading after the company posted upbeat Q2 earnings.
  • eBay Inc (NASDAQ: EBAY) rose 5.6 percent to $28.50 in pre-market trading as the company reported posted upbeat earnings for its second quarter on Wednesday. Management also announced an extension of the company’s stock-repurchase plan, as the board had approved an additional $2.5 billion in buybacks.
  • Biogen Inc (NASDAQ: BIIB) shares rose 5.3 percent to $275.95 in pre-market trading after the company announced stronger-than-expected quarterly results and raised its guidance. The company also announced that its CEO George Scangos will be leaving the company.
  • General Motors Company (NYSE: GM) rose 4.7 percent to $32.97 in pre-market trading after the company reported better-than-expected Q2 results and lifted its FY16 earnings outlook.
  • Domino's Pizza, Inc. (NYSE: DPZ) rose 4.4 percent to $142.96 in pre-market trading on upbeat Q2 results.
  • PulteGroup, Inc. (NYSE: PHM) rose 4.1 percent to $21.25 in the pre-market trading session. PulteGroup reports Q2 earnings of $0.34 per share on home sales of $1.8 billion. PulteGroup also raised its buyback plan by $1 billion to $1.5 billion.
  • IMAX Corporation (USA) (NYSE: IMAX) shares rose 3 percent to $31.00 in pre-market trading after the company reported better-than-expected quarterly results.

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

Losers

  • Blueknight Energy Partners L.P. (NASDAQ: BKEP) shares fell 9.7 percent to $5.80 in pre-market trading. Blueknight Energy Partners reported a 3 million common units public offering. The company expects a Q2 net loss of $19 million to $18.6 million and adjusted EBITDA of $15.78 million to $15.91 million.
  • Southwest Airlines Co (NYSE: LUV) fell 5.5 percent to $39.71 in pre-market trading after the company reported weaker-than-expected Q2 earnings and announced plans to buyback $250 million in common stock.
  • Dunkin Brands Group Inc (NASDAQ: DNKN) shares fell 3.3 percent to $45.52 in pre-market trading. Dunkin Brands reported better-than-expected quarterly earnings, but the company missed analysts’ sales expectations. The company also lowered its FY16 sales growth target.
  • Select Comfort Corp. (NASDAQ: SCSS) shares fell 2.6 percent to $22.90 in the pre-market trading session. Select Comfort reported upbeat quarterly earnings, but the company missed analysts’ sales estimates. The company also raised its buyback plan by $300 million.
  • Intel Corporation (NASDAQ: INTC) shares fell 2.4 percent to $34.84 in pre-market trading after the company reported mixed results for its second quarter on Wednesday. The tech giant posted earnings of $0.59 per share, versus the Street’s consensus of $0.53 per share. However, revenue of $13.5 billion, fell short of estimates of $13.529 billion.
  • ASML Holding NV (ADR) (NASDAQ: ASML) shares fell 2.2 percent to $105.85 in pre-market trading. UBS downgraded ASML from Buy to Neutral.


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