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20 Stocks Moving In Wednesday's Pre-Market Session


Gainers

  • Urban Outfitters, Inc. URBN rose 11.6 percent to $34.85 in pre-market trading as the company reported stronger-than-expected results for its second quarter on Tuesday.
  • MeetMe Inc MEET shares rose 5.4 percent to $5.29 in pre-market trading after reiterating strong guidance figures for its third quarter and full year. For Q3 management expects revenue of $17 million to $17.5 million, which compares to consensus of $17.28 million, and adjusted EBITDA of $6.5 million to $7 million, up at least 25 percent year-over-year.
  • Lumber Liquidators Holdings Inc LL shares rose 4.8 percent to $17.06 in pre-market trading as the company on Tuesday announced the final resolution of Proposition 65 suit.
  • Childrens Place Inc PLCE rose 4 percent to $89.27 in the pre-market trading session after the company reported better-than-expected results for the second quarter and boosted its full year outlook.

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

Losers

  • StemCells Inc STEM shares fell 29.2 percent to $1.84 in pre-market trading as the company reported that it will accept warrant exercises from holders to purchase common stock issued on April 29, 2015 at a reduced exercise price of $1.10 per share. StemCells shares jumped 598.55 percent on Tuesday.
  • Cree, Inc. CREE shares fell 9.4 percent to $24.90 in pre-market trading as the company reported downbeat earnings for its fourth quarter and issued a weak forecast for the current quarter.
  • Lowe's Companies, Inc. LOW fell 5.4 percent to $77.09 in pre-market trading as the company reported weaker-than-expected results for the second quarter and cut its earnings outlook for the full year.
  • Target Corporation TGT shares dropped 4.5 percent to $72.10 in pre-market trading. Target reported better-than-expected earnings for its second quarter, but lowered its full-year profit guidance.
  • Staples, Inc. SPLS shares fell 3.5 percent to $9.00 in pre-market trading. Staples reported in-line earnings for its second quarter, but issued a disappointing earnings forecast for the current quarter.
  • Popeyes Louisiana Kitchen Inc PLKI shares fell 2.5 percent to $57.02 in pre-market trading. Popeyes posted in-line earnings for its second quarter, but sales missed analysts’ estimates. Popeye's also lowered FY 2016 system-wide same-store sales growth from a range of 2-3 percent down to 1-2 percent.

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