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15 Stocks Moving In Friday's Pre-Market Session

Gainers

Cadiz Inc CDZI rose 22.95 percent to $7.50 in pre-market trading after gaining 4.63 percent on Thursday.

Yelp Inc YELP shares rose 11.20 percent to $23.82 in pre-market trading as the company reported better-than-expected results for its first quarter and raised its revenue forecast for the year.

Spectrum Pharmaceuticals, Inc. SPPI shares rose 10.62 percent to $7.08 in the pre-market trading session. Spectrum Pharmaceuticals reported Q1 earnings of $0.01 per share on revenue of $35.2 million.

ACADIA Pharmaceuticals Inc. ACAD rose 7.21 percent to $29.00 in pre-market trading. Acadia Pharmaceuticals reported a Q1 loss of $49.8 million on revenue of $4,000.

Activision Blizzard, Inc. ATVI shares rose 6.53 percent to $37.19 in pre-market trading after the company reported better-than-expected Q1 results and issued a strong Q2 outlook.

Air Products & Chemicals, Inc. APD shares rose 2.30 percent to $146.50 in pre-market trading as the company agreed to sell Performance Materials Division of its Materials Technologies segment to Evonik Industries for $3.8 billion. The company also plans to spin-off its Electronic Materials Division.

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

Losers

KemPharm Inc KMPH shares fell 48.95 percent to $8.00 in pre-market trading. KemPharm issued a statement regarding voting results from the FDA Advisory Committee meeting on KemPharm's Abuse-Deterrent Product Candidate Apadaz.

Endo International plc ENDP shares fell 30.05 percent to $18.60 in pre-market trading. Endo reported upbeat quarterly earnings, but lowered its full-year guidance. RBC Capital downgraded Endo from Outperform to Sector Perform.

Square Inc SQ fell 16.28 percent to $10.95 in pre-market trading. Square reported a loss of $(0.29) per share and sales of $379 million. Wedbush downgraded Square from Neutral to Underperform.

FireEye Inc FEYE shares fell 11.14 percent to $14.20 in pre-market trading. FireEye posted a quarterly net loss of $(0.47) per share, on revenue of $168 million. The company cut its full-year revenue forecast and named Kevin Mandia as CEO.

GoPro Inc GPRO shares fell 8.87 percent to $9.76 in pre-market trading. GoPro reported a wider-than-expected loss for its first quarter, but the company exceeded analysts' sales estimates.

J C Penney Company Inc JCP shares fell 5.32 percent to $8.45 in pre-market trading following the NY Post report that the company is taking emergency measures including cutting payroll.

Momo Inc (ADR) MOMO shares fell 5.59 percent to $14.70 in pre-market trading after dropping 5.41 percent on Thursday. Momo is expected to report Q1 results on May 17, 2016.

Cognizant Technology Solutions Corp CTSH shares fell 2.69 percent to $56.04 in pre-market trading. Cognizant reported better-than-expected earnings for its first quarter, but issued a weak guidance for the current quarter.

SunPower Corporation SPWR fell 1.33 percent to $17.00 in pre-market trading as the company reported a wider-than-expected quarterly loss.

Read more: http://www.benzinga.com/news/16/05/7943186/15-stocks-moving-in-fridays-pre-market-session#ixzz47sgBxDbt