10 Stocks Moving In Tuesday's Pre-Market Session
Gainers
Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) rose 10.33 percent to $2.03 in pre-market trading after the company reported favorable results from Phase 1b trial of APD371.
Amicus Therapeutics, Inc. (NASDAQ: FOLD) shares rose 8.70 percent to $8.50 in pre-market trading after dropping 3.58 percent on Monday
LivePerson, Inc. (NASDAQ: LPSN) shares rose 4.66 percent to $6.07 in pre-market trading after gaining 0.35 percent on Monday.
Yandex NV (NASDAQ: YNDX) shares rose 3 percent to $16.15 in pre-market trading. Goldman Sachs upgraded Yandex from Neutral to Buy.
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Losers
Juniper Networks, Inc. (NYSE: JNPR) shares fell 7.59 percent to $23.00 in pre-market trading as the company lowered its forecast for the first quarter. Juniper expects adjusted Q1 earnings of $0.35 to $0.37 per share on revenue of $1.09 billion to $1.1 billion.
Horizon Pharma PLC (NASDAQ: HZNP) shares fell 5.54 percent to $17.21 in pre-market trading. Horizon Pharma has requested an approval for 16 million buyback. The company expects FY16 revenue of $1.025 billion to $1.05 billion and adjusted EBITDA of $505 million to $520 million.
Fastenal Company (NASDAQ: FAST) shares fell 3.62 percent to $45.24 in pre-market trading. Fastenal reported Q1 earnings of $0.44 per share on revenue of $986.7 million.
Alcoa Inc (NYSE: AA) shares fell 3.19 percent to $9.42 in pre-market trading. Alcoa reported better-than-expected earnings for the first quarter, but the company missed analysts’ sales estimates.
Starbucks Corporation (NASDAQ: SBUX) shares fell 2.12 percent to $59.61 in pre-market trading. Deutsche Bank downgraded Starbucks from Buy to Hold.
Spirit Realty Capital, Inc (New) (NYSE: SRC) fell 1.44 percent to $11.29 in pre-market trading after the company announced an upsize to a previously announced public offering. Spirit Realty announced the pricing of its underwritten public offering of 30 million shares of its common stock, up from a previously announced 27 million share offering at $11.15 per share.
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