10 Stocks Moving In Monday's Pre-Market Session
Gainers
Pernix Therapeutics Holdings Inc (NASDAQ: PTX) shares rose 69.31 percent to $1.270 in pre-market trading following Friday's report of a 5.8 percent Stake by Point 72.
Opower Inc (NYSE: OPWR) rose 24.84 percent to $9.90 in pre-market trading. Oracle Corporation (NYSE: ORCL) announced plans to acquire Opower for $10.30 per share in cash.
Apollo Education Group Inc (NASDAQ: APOL) shares rose 12.18 percent to $8.75 in pre-market trading after the company confirmed it has received a revised buyout offer. Apollo Education said a consortium of investors led by the Vistria Group and Apollo Global Management offered to acquire the company for $10.00 per share.
ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) rose 6.04 percent to $34.25 in pre-market trading following the Friday's FDA approval of NUPLAZID.
Wynn Resorts, Limited (NASDAQ: WYNN) shares rose 2.49 percent to $90.50 in pre-market trading. Macau Gaming Inspection and Coordination Bureau reported a 9.5 percent year-over-year drop in April gross gaming revenue.
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Losers
BIND Therapeutics Inc (NASDAQ: BIND) shares fell 64.56 percent to $0.51 in pre-market trading as the company disclosed that it opted to file for a voluntary petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware in the United States..
Ultra Petroleum Corp. (NYSE: UPL) shares fell 51.63 percent to $0.15 in pre-market trading. Ultra Petroleum has filed for Chapter 11 bankruptcy, Reuters reported.
NephroGenex Inc (NASDAQ: NRX) fell 27.08 percent to $0.350 in pre-market trading as the company reported that it has commenced voluntary Chapter 11 proceeding. The company is looking to begin sale process under Section 363.
Paragon Shipping Inc. (NASDAQ: PRGN) shares fell 18.18 percent to $2.16 in pre-market trading following report of a non-timely 20-F filing.
Groupon Inc (NASDAQ: GRPN) shares fell 1.66 percent to $3.56 in pre-market trading after dropping 18.28 percent on Friday. RBC Capital downgraded Groupon from Sector Perform to Underperform.
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