Top 10 Market Movers in Pre-Market Session

Market Movers - OCT 16th 2018

16 October 2018

ADBE

Adobe Inc.

The stock price rose by a 6.2% reaching $252.59 in the pre-market session after the Company repeated and ensured of its  Q4’18 Sales guidance of $2.42 billion and EPS guidance of $1.87. Adobe has also disclosed that it looks for 20% increase in the Company’s total sales growth YoY with digital media annualized recurring sales of $1.4 billion of net new ARR.

MS

Morgan Stanley

Share price increased by a 2.5% reaching $44.50 in the pre-market session after the Company announced its Q3’18 Reports which were more than the market expectation.

DPZ

Domino’s Pizza, Inc.

The Stock price went down by a  6.1% to $256.33 in the pre-market session after the Company announced its Q3’18 reports were lower than the Market Expectation especially sales number.

BLK

BlackRock, Inc.

Share price plummeted by a  4.1% to $410 in the pre-market session after the Company announced its Q3’18 reports were lower than the Market Expectation especially sales number.

TWLO

Twilio Inc.

Share price went down by a 2.5% to $74.25 in the pre-market session after Twilio disclosed its plans to perform acquisition of SendGrill in a $2 billion all-stock transaction.

WLK

Westlake Chemical Corporation

The shares upshot by a 4.6%  reaching  $82.98 in the pre-market trading after the Company received a consensus price target of $111.41 from Brokerages.

SEND

SendGrid Inc

Tilray shares went up by a 13.5% reaching  $35.10 in the pre-market session after Twilio disclosed its plans to perform acquisition of SendGrill in a $2 billion all-stock transaction.

ULBI

Ultralife Corp.

Share price upshot by a 4% reaching $7.60 in the pre-market session after Ultralife Corp. announced that it has won an $8.3-million worth deal of Communications Systems Leader Radio.

HQCL

Hanwha Q CELLS Co., Ltd. 

The Stock price increased by a 12.8% reaching $9.35 in the pre-market session after HQCL entered into an agreement to privatize the Company as it will be acquired by Hanwha Solar in an all-cash transaction.

EDRY

EuroDry Ltd.

Share price went up by a 12.4% reaching $11.50 in the pre-market session after EDRY announced the reports regarding completion of  Refinancing some certain pending debts of M/V Alexandros P.