25 Stocks Moving In Wednesday's Pre-Market Session
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.
Arrowhead Pharmaceuticals IncARWR 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 IncTRIP 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 CorporationSPWR 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.