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25 Stocks Moving In Wednesday's Pre-Market Session


Gainers

  • Ariad Pharmaceuticals, Inc. ARIA rose 11.7 percent to $10.35 in pre-market trading. Ariad Pharmaceuticals disclosed that its Phase 1/2 trial data on investigational drug brigatinib were published in The Lancet Oncology.
  • First Majestic Silver Corp AG rose 9.3 percent to $8.90 in the pre-market trading session. First Majestic reported Q3 earnings of $0.07 per share on revenue of $79.3 million. Silver futures gained 2.2 percent to $18.77 an ounce.

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

Losers

  • Arrowhead Pharmaceuticals Inc ARWR fell 22.3 percent to $4.75 in pre-market trading as the company disclosed that it has been notified verbally by the FDA of its decision to place clinical hold on Heparc-2004.
  • Globus Medical Inc GMED shares fell 14.9 percent to $19.00 in the pre-market trading session as the company posted downbeat quarterly revenue and issued a weak FY16 forecast. JMP Securities downgraded Globus Medical from Market Outperform to Market Perform.
  • Tripadvisor Inc TRIP shares fell 14.1 percent to $54.20 in pre-market trading after the company reported weaker-than-expected revenue for its third quarter on Tuesday.
  • SunPower Corporation SPWR shares fell 13.5 percent to $6.35 in pre-market trading. SunPower is expected to release quarterly earnings after the closing bell. Bank of America downgraded SunPower from Buy to Neutral and lowered the price target from $20.00 to $10.00.

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