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20 Stocks Moving In Wednesday's Pre-Market Session

ARRY, EXAS, ADI, DAC, FRO, IRM

Gainers

  • Danaos Corporation (NYSE: DAC) rose 18.5 percent to $1.60 in pre-market trading after the company reported stronger-than-expected results for its first quarter.
  • EnteroMedics Inc (NASDAQ: ETRM) rose 14.4 percent to $5.80 in pre-market trading. EnteroMedics disclosed that its vBloc Neurometabolic Therapy was implanted for the first time.
  • Mechel PAO (ADR) (NYSE: MTL) rose 12.4 percent to $5.70 in pre-market trading. Mechel’s net profit for the first quarter surged to 13.9 billion roubles ($245 million), from 312 million roubles in the year-ago period.
  • J.Jill Inc (NYSE: JILL) rose 10.9 percent to $12.50 in pre-market trading. J Jill posted Q1 earnings of $0.24 per share on sales of $166.1 million. J Jill expects Q2 earnings of $0.27 to $0.29 per share.
  • EXACT Sciences Corporation (NASDAQ: EXAS) rose 8.2 percent to $35.30 in pre-market trading following disclosure that United Healthcare will cover Exact Sciences Cologuard effective 7/1.
  • GlycoMimetics Inc (NASDAQ: GLYC) rose 4.3 percent to $14.00 in pre-market trading after gaining 3.23 percent on Tuesday.
  • Analog Devices, Inc. (NASDAQ: ADI) shares rose 4.1 percent to $88.29 in pre-market trading after reporting upbeat quarterly earnings.
  • Frontline Ltd. (NYSE: FRO) shares rose 3.3 percent to $5.59 in pre-market trading. Frontline is in talks to acquire Gener8 Maritime, Dow Jones reported.
  • Array Biopharma Inc (NASDAQ: ARRY) rose 3.1 percent to $8.10 in pre-market trading. Array BioPharma and Ono Pharmaceutical reported a license, development and commercialization partnership for binimetinib and encorafenib.
  • Bright Scholar Education Holdngs Ltd-ADR (NYSE: BEDU) shares rose 3.1 percent to $11.90 in pre-market trading after gaining 2.03 percent on Tuesday.
  • Quality Systems, Inc. (NASDAQ: QSII) gained 3 percent to $15.53 after gaining 2.45 percent on Tuesday.
  • Manchester United PLC (NYSE: MANU) shares rose 3 percent to $17.40 in pre-market trading after declining 2.31 percent on Tuesday.
  • Iron Mountain Incorporated (Delaware) REIT (NYSE: IRM) shares rose 2.7 percent to $36.00 in the pre-market trading session after slipping 0.37 percent on Tuesday.
  • Maxim Integrated Products Inc. (NASDAQ: MXIM) shares rose 2.7 percent to $49.00 in pre-market trading after gaining 0.70 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

  • Michael Kors Holdings Ltd (NYSE: KORS) shares fell 6.4 percent to $33.95 in the pre-market trading session after the company posted a loss for its fourth quarter loss and announced plans to close between 100 and 125 stores. However, the company’s adjusted earnings exceeded expectations. The company also issued a weak earnings forecast for the current quarter.
  • Golden Ocean Group Ltd (NASDAQ: GOGL) fell 6.2 percent to $5.76 in pre-market trading after dropping 3.61 percent on Tuesday.
  • Apollo Commercial Real Est. Finance Inc (NYSE: ARI) shares fell 4.3 percent to $18.17 in pre-market trading. Apollo Commercial Real Estate reported a 12 million share offering.
  • Cliffs Natural Resources Inc (NYSE: CLF) fell 2.6 percent to $6.04 in pre-market trading after rising 0.98 percent on Tuesday.
  • AK Steel Holding Corporation (NYSE: AKS) fell 2.1 percent to $6.07 in pre-market trading after rising 6.90 percent on Tuesday.
  • Rio Tinto plc (ADR) (NYSE: RIO) shares fell 2.1 percent to $40.44 in pre-market trading after gaining 0.78 percent on Tuesday.