16 Stocks Moving In Friday's Pre-Market Session

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Gainers

  • Alkermes Plc ALKS rose 40.2 percent to $61.01 in pre-market trading after the company announced positive topline results from its late-stage clinical study of ALKS 5461 for the treatment of depression.
  • Reynolds American, Inc. RAI rose 21.1 percent to $57.14 in pre-market trading after the company reported the receipt of non-binding proposal from British American Tobacco PLC (ADR) BTI to purchase the remaining shares.
  • Companhia Siderurgica Nacional (ADR) SID shares rose 7.7 percent to $3.48 in pre-market trading after gaining 0.31 percent on Thursday.
  • Microsoft Corporation MSFT rose 5.8 percent to $60.55 in pre-market trading as the company reported stronger-than-expected results for its first quarter on Thursday.
  • CSRA Inc CSRA rose 5 percent to $27.50 in the pre-market trading after declining 0.49 percent on Thursday.
  • Paypal Holdings Inc PYPL shares rose 4.8 percent to $42.00 in pre-market trading. Paypal reported in-line earnings for its third quarter, while revenue beat analysts’ estimates.
  • PTC Therapeutics, Inc. PTCT rose 4.4 percent to $7.33 in the pre-market trading session after the company disclosed that its Spinal Muscular Atrophy program via RG7916 has advanced into Phase 2 studies in SMA patients.
  • KLA-Tencor Corp KLAC shares rose 3.8 percent to $74.75 in pre-market trading after the company posted upbeat Q1 results.
  • McDonald's Corporation MCD rose 3.4 percent to $114.30 in pre-market trading as the company reported better-than-expected results for its third quarter.

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Losers

  • Stone Energy Corporation SGY shares fell 42.3 percent to $5.59 in pre-market trading after the company reported a comprehensive restructuring support agreement with senior noteholders and agreed to sell its Appalachia assets.
  • Skechers USA Inc SKX shares fell 16.2 percent to $19.23 in the pre-market trading session after the company reported downbeat results for its third quarter and issued a weak forecast for the fourth quarter.
  • Moleculin Biotech Inc MBRX fell 11.3 percent to $3.84 in pre-market trading after surging 60.97 percent on Thursday.
  • Aerohive Networks Inc HIVE shares fell 7.2 percent to $5.00 in pre-market trading. Aerohive is expected to report quarterly results on November 2, 2016.
  • Twilio Inc TWLO shares fell 7 percent to $41.05 in pre-market trading. Twilio priced its 7 million share offering at $40.00 per share.
  • Advanced Micro Devices, Inc. AMD shares fell 5.9 percent to $6.55 in pre-market trading. AMD posted better-than-expected results for its third quarter. However, the company issued disappointing revenue guidance for the current quarter.
  • Telefonaktiebolaget LM Ericsson ERIC shares fell 4.1 percent to $5.15 in pre-market trading following quarterly results. Ericsson's operating profit declined to 0.3 billion Swedish crowns ($33.7 million), versus5.1 billion crowns in the year-ago quarter. Sales fell 14 percent to 51.1 billion in the quarter.
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