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25 Stocks Moving In Tuesday's Pre-Market Session

AMRN, FRO, TGT, WDAY, THC, T.FNV, HTGMQ

Gainers

  • NutriSystem Inc. (NASDAQ: NTRI) rose 20.4 percent to $47.20 in pre-market trading as the company reported better-than-expected Q4 results and issued a strong outlook.
  • Silver Bay Realty Trust Corp (NYSE: SBY) shares rose 17.2 percent to $21.30 in pre-market trading. Tricon Capital Group Inc. announced plans to buy Silver Bay Realty Trust for $21.50 per share.
  • DryShips Inc. (NASDAQ: DRYS) shares rose 11.2 percent to $2.08 in pre-market trading. Dryships reported that it will initiate a new dividend, paying back $2.5 million to common shareholders on a quarterly basis.
  • aTyr Pharma Inc (NASDAQ: LIFE) shares rose 10.1 percent to $3.80 in pre-market trading after the company disclosed that it has received U.S. FDA Orphan Drug designation for the treatment of limb girdle muscular dystrophy with Resolaris™.
  • Can Fite Biopharma Ltd (ADR) (NYSE: CANF) rose 8.5 percent to $2.13 in pre-market trading after the company disclosed that its new preclinical data from its drug candidate Namodenoson prevented progression of liver fibrosis.
  • Amarin Corporation plc (ADR) (NASDAQ: AMRN) rose 5.8 percent to $3.63 in pre-market trading. Amarin reported a Q4 loss of $27.5 million on revenue of $38.7 million.
  • Franco Nevada Corp (NYSE: FNV) rose 5.3 percent to $67.44 in pre-market trading after declining 2.79 percent on Monday.
  • Frontline Ltd. (NYSE: FRO) shares rose 4 percent to $7.00 in pre-market trading. Frontline reported Q4 earnings of $0.12 per share.
  • Priceline Group Inc (NASDAQ: PCLN) shares rose 3.9 percent to $1,695.01 in pre-market trading after the company reported stronger-than-expected results for its fourth quarter on Monday.
  • Catalyst Biosciences Inc (NASDAQ: CBIO) rose 3.6 percent to $6.85 in pre-market trading after gaining 8.01 percent on Monday.
  • Hertz Global Holdings, Inc (NYSE: HTZ) rose 2.4 percent to $20.47 in pre-market trading. Hertz Global posted a wider-than-expected loss for its fourth quarter.

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

Losers

  • Fiesta Restaurant Group Inc (NASDAQ: FRGI) dropped 15.8 percent to $21.85 in pre-market trading. Fiesta Restaurant posted in-line Q4 earnings, but sales missed estimates. The company also disclosed that it has suspended its sale exploration process. Raymond James downgraded Fiesta Restaurant from Outperform to Market Perform.
  • Tenet Healthcare Corp (NYSE: THC) fell 12.2 percent to $19.90 in pre-market trading after the company posted downbeat results for its fourth quarter and issued a weak forecast.
  • Target Corporation (NYSE: TGT) fell 12 percent to $58.85 in pre-market trading after the company reported downbeat earnings for its fourth quarter and issued a weak outlook for the current quarter.
  • Cempra Inc (NASDAQ: CEMP) shares fell 12 percent to $3.69 in pre-market trading after reporting a wider-than-expected quarterly loss.
  • Perrigo Company plc (NYSE: PRGO) shares fell 11.6 percent to $74.85 in pre-market trading. Perrigo agreed to divest Tysabri royalty stream for up to $2.85 billion and announced resignation of its CFO Judy Brown. Perrigo reported preliminary 2016 results and announced plans to reduce global workforce by 750 employees.
  • Frontier Communications Corp (NASDAQ: FTR) shares fell 9.2 percent to $2.99 in pre-market trading as the company posted a wider-than-expected loss for its fourth quarter on Monday.
  • Ophthotech Corp (NASDAQ: OPHT) shares fell 9 percent to $4.16 in the pre-market trading session after the company reported a wider-than-expected quarterly loss.
  • Novavax, Inc. (NASDAQ: NVAX) fell 8 percent to $1.50 in pre-market trading. Novovax reported a Q4 loss of $0.21 per share on revenue of $5.4 million.
  • HTG Molecular Diagnostics Inc (NASDAQ: HTGM) fell 7.2 percent to $2.95 in pre-market trading after surging 154.40 percent on Monday.
  • Workday Inc (NYSE: WDAY) fell around 5.6 percent to $85.15 in pre-market trading. Workday reported Q4 earnings of $0.07 per share on revenue of $436.7 million. Citigroup downgraded Workday from Neutral to Sell.
  • Valeant Pharmaceuticals Intl Inc (NYSE: VRX) fell 5.2 percent to $15.84 in pre-market trading. Valeant posted upbeat quarterly earnings.
  • Exelixis, Inc. (NASDAQ: EXEL) fell 4.1 percent to $22.15 in pre-market trading. Exelixis reported Q4 earnings of $0.12 per share on revenue of $77.58 million. Stifel Nicolaus downgraded Exelixis from Buy to Hold.
  • Triangle Capital Corporation (NYSE: TCAP) fell 3.8 percent to $19.23 in pre-market trading. Triangle Capital reported commencement of public offering of 7 million shares of common stock.
  • Realty Income Corp (NYSE: O) fell 2.5 percent to $61.57 in pre-market trading. Realty Income reported commencement of public offering of 8 million shares of common stock.