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12 Stocks Moving In Wednesday's Pre-Market Session

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Gainers

Zillow Group, Inc.- Class C Z rose 13.21 percent to $28.37 in pre-market trading. Zillow reported a wider-than-expected loss for its first quarter, but the company exceeded analysts’ sales estimates. The company also issued a strong guidance for second quarter and full year.

Oclaro, Inc. OCLR rose 6.45 percent to $5.45 in pre-market trading as the company reported upbeat quarterly sales and issued a strong sales forecast.

Shopify Inc SHOP shares rose 6.38 percent to $32.70 in the pre-market trading session as the company reported stronger-than-expected quarterly results and raised its revenue outlook for the full year.

Qiwi PLC QIWI shares rose 4 percent to $11.45 in pre-market trading after declining 4.68 percent on Tuesday.

Medivation Inc MDVN shares rose 4.83 percent to $60.30 in pre-market trading as Reuters reported that Pfizer Inc. PFE has made a takeover approach, according to sources.

CBS Corporation CBS shares rose 2.38 percent to $56.89 in pre-market trading as the company reported better-than-expected earnings for its first quarter on Tuesday.

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Losers

Glu Mobile Inc. GLUU shares fell 15.36 percent to $2.26 in pre-market trading as the company issued weak forecast for the full year and announced plans to reduce its workforce by around 85.

Relypsa Inc RLYP fell 10.51 percent to $15.50 in pre-market trading as the company reported a $150 million debt financing. Mizuho Securities downgraded Relypsa from Neutral to Underperform.

Priceline Group Inc PCLN shares fell 10.19 percent to $1,217.00 in pre-market trading. Priceline reported better-than-expected Q1 results, but issued a weak profit forecast for the second quarter.

Adamas Pharmaceuticals Inc ADMS shares fell 7.12 percent to $15.00 in pre-market trading after declining 5.00 percent on Tuesday.

Randgold Resources Ltd. (ADR) GOLD shares fell 6.96 percent to $89.00 in pre-market trading on Q1 results. Randgold reported Q1 earnings of $0.58 per share.

Illumina, Inc. ILMN shares fell 4.98 percent to $127.00 in pre-market trading as the company reported downbeat results for its first quarter and issued a weak guidance.

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