10 Stocks Moving In Monday's Pre-Market Session

Gainers

Hatteras Financial Corp. (NYSE: HTS) rose 10.03 percent to $15.69 in pre-market trading after Annaly Capital Management, Inc. (NYSE: NLY) announced plans to acquire Hatteras Financial for $1.5 billion.

Seagate Technology PLC (NASDAQ: STX) shares rose 3.16 percent to $34.28 in pre-market trading. Cowen initiated coverage on Seagate with a Market Perform rating and a $36 price target.

Silver Standard Resources Inc. (USA) (NASDAQ: SSRI) shares rose 2.71 percent to $6.45 in pre-market trading after gaining 4.67 percent on Friday.

Devon Energy Corp (NYSE: DVN) shares rose 2.02 percent to $29.35 in pre-market trading after gaining 4.20 percent on Friday.

Yahoo! Inc. (NASDAQ: YHOO) shares rose 1.50 percent to $36.61 in pre-market trading following reports that Daily Mail and General Trust is teaming with private equity firms to acquire Yahoo's internet assets.

Alphabet Inc (NASDAQ: GOOGL) rose 0.60 percent to $764.00 in pre-market trading. Pivotal Research upgraded Alphabet from Hold to Buy.

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

Losers

Hertz Global Holdings Inc (NYSE: HTZ) shares fell 7.22 percent to $9.00 in pre-market trading after the company expected that Q1 U.S. car rental revenue and adjusted would be lower than expected.

Insys Therapeutics Inc (NASDAQ: INSY) shares fell 9.51 percent to $15.98 in pre-market trading. Insys Therapeutics projects weak revenue for its first quarter.

Avis Budget Group Inc. (NASDAQ: CAR) shares fell 5.55 percent to $23.33 in pre-market trading after gaining 1.77 percent on Friday.

Marvell Technology Group Ltd. (NASDAQ: MRVL) shares fell 2.57 percent to $10.25 in pre-market trading after dropping 1.59 on Friday.