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16 Stocks Moving In Thursday's Pre-Market Session


Gainers

  • Groupon Inc GRPN rose 22.2 percent to $4.62 in pre-market trading after the company reported a narrower-than-expected quarterly loss and lifted its revenue forecast for 2016.
  • Alere Inc ALR shares rose 20 percent to $37.75 in pre-market trading after the company confirmed that it has received a subpoena from the Department of Justice. The company said that the issues related to subpoena are not material.
  • Marvell Technology Group Ltd. MRVL shares rose 8 percent to $12.60 in pre-market trading. Marvell Technology posted weaker-than-expected Q1 results, but the company issued a strong outlook for the second quarter.
  • Facebook Inc FB rose 4.1 percent to $128.40 in pre-market trading after the company reported stronger-than-expected results for its second quarter on Wednesday. Daily active users (DAUs) rose 17 percent year-over-year to 1.13 billion, while monthly active users (MAUs) surpassed 1.7 billion, up from 1.65 billion last quarter.
  • GoPro Inc GPRO rose 3.3 percent to $11.95 in pre-market trading after the company posted better-than-expected results for its second quarter and issued a strong outlook for 2016.

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Losers

  • Infinera Corp. INFN fell 33.3 percent to $8.35 in pre-market trading. Infinera posted better-than-expected Q2 results, but issued a weak demand outlook. The company’s CEO said '...demand is softening in certain areas of our business and we face a difficult near-term revenue outlook.'
  • Argos Therapeutics Inc ARGS shares fell 16.1 percent to $5.42 in the pre-market trading session after the company reported a proposed public offering of common stock and warrants.
  • Ford Motor Company F fell 7 percent to $12.88 in pre-market trading after the company reported weaker-than-expected earnings for the second quarter.
  • Whole Foods Market, Inc. WFM shares fell 5 percent to $31.95 in pre-market trading. Whole Foods posted in-line earnings for its recent quarter, but the company issued a weak earnings forecast for the fourth quarter.

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