10 Stocks Moving In Wednesday's Pre-Market Session

Gainers

ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) rose 24.07 percent to $29.54 in pre-market trading. A U.S. Food and Drug Administration panel voted 12-2 on Tuesday that Acadia's drug pimavanserin, a treatment for psychosis associated with Parkinson's disease, outweighed the risks of treatment.

Lululemon Athletica inc. (NASDAQ: LULU) shares rose 5.40 percent to $64.55 in pre-market trading after the company reported better-than-expected Q4 results.

Sonic Corporation (NASDAQ: SONC) shares rose 5.25 percent to $34.27 in pre-market trading after the company reported better-than-expected results for its second quarter and raised its FY16 forecast.

Paypal Holdings Inc (NASDAQ: PYPL) shares gained 2.20 percent to $40.40 in pre-market trading. Bernstein initiated coverage on PayPal with a Market Perform rating.

Tesla Motors Inc (NASDAQ: TSLA) shares rose 1.68 percent to $234.00 in pre-market trading. Credit Suisse maintained Outperform rating and $240 price target for Tesla.

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Losers

Verint Systems Inc. (NASDAQ: VRNT) shares fell 13.90 percent to $30.30 in pre-market trading after the company reported downbeat earnings for its fourth quarter and issued a weak forecast. The company also reported a $150 million buyback program.

Spark Energy Inc (NASDAQ: SPKE) shares fell 5.48 percent to $18.10 in pre-market trading after the company reported a secondary offering of 1.5 million shares.

Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) shares fell 1.63 percent to $38.60 in pre-market trading after the company reported results for its fourth quarter.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) shares fell 1.53 percent to $91.68 in pre-market trading after gaining 3.66 percent on Tuesday.

Restoration Hardware Holdings Inc (NYSE: RH) shares fell 1.51 percent to $38.43 in pre-market trading after the company reported weak results for its fourth quarter and issued a downbeat forecast.