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18 Stocks Moving In Friday's Pre-Market Session


Gainers

  • Baker Hughes Incorporated BHI shares rose 8.2 percent to $59.00 in pre-market trading. General Electric Co. GE is said to be in talks to acquire Baker Hughes, according to sources as reported by Dow Jones on Thursday. A deal could be valued at as much as $30 billion, the sources said. However, Bloomberg later reported that a GE spokesperson said they are is in talks with Baker Hughes regarding possible partnerships, but not an acquisition.
  • Sanofi SA (ADR) SNY rose 8 percent to $40.20 in the pre-market trading after the company posted upbeat quarterly earnings and lifted its full-year profit forecast.
  • Alphabet Inc GOOG rose 1.6 percent to $808.00 in the pre-market trading session after the company reported stronger-than-expected results for its third quarter. The company also announced a $7 billion stock buyback plan.

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

Losers

  • McKesson Corporation MCK fell 15.3 percent to $136.00 in pre-market trading after the company reported downbeat earnings for its second quarter and lowered its FY17 earnings outlook. McKesson also reported a new $4 billion buyback plan.
  • Novo Nordisk A/S (ADR) NVO shares fell 13.9 percent to $35.26 in pre-market trading after the company issued a warning on profit forecast for the full year. The company indicated its sales forecast are around 5-6 percent for the full year, while adjusted operating profit is guided between 5-7 percent in local currencies.
  • Amazon.com, Inc. AMZN shares fell 5.4 percent to $774.19 in the pre-market trading session as the company reported weaker-than-expected earnings for its third quarter on Thursday.

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