Pre-Market Movers (Canadian Solar, Walgreen, Coach, Spectrum Pharma, ASM International, Mellanox, AIXTRON, Herbalife)
Canadian Solar, Walgreen, Coach, Spectrum Pharmaceuticals, ASM International, Mellanox Technologies, AIXTRON SE and Herbalife Ltd. are among the companies whose shares are moving in the pre-market trading Wednesday.
Gainers
Canadian Solar Inc. (NASDAQ:CSIQ) stock surged 3.46 percent to $3.59 in pre-market trading. The company stock climbed more than 10 percent in regular trading Tuesday.
Walgreen Co. (NYSE:WAG) stock gained 1.44 percent to $41.63 in pre-market trading. The stock has a 52-week low of $28.53, a 52-week high of $42.00 and $38.79 billion in market capitalization.
Coach, Inc. (NYSE:COH) stock advanced 1 percent to $49.30 in pre-market trading. The stock has a 52-week low of $45.87, a 52-week high of $79.70 and $13.71 billion in market capitalization.
Losers
Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) stock tumbled 40.47 percent to $7.40 in pre-market trading as its full year sales forecast fell short of expectations. The company expects full year 2013 revenues to be in a range of $160 million to $180 million, well below analysts’ estimate of full year revenue of $297 million.
ASM International N.V. (NASDAQ:ASMI) stock plunged 6.52 percent to $37.69 in pre-market trading. The stock has a 52-week low of $31.02, a 52-week high of $40.96 and $2.54 billion in market capitalization.
Mellanox Technologies, Ltd. (NASDAQ:MLNX) stock plunged 2.56 percent to $63.87 in pre-market trading. The company stock climbed nearly 14 percent in regular trading Tuesday after analysts’ at Lazard Capital raised their price target on shares of Mellanox to $69.00.
AIXTRON SE (NASDAQ:AIXG) stock declined 2.19 percent to $13.87 in pre-market trading. The stock has a 52-week low of $11.21, a 52-week high of $19.44 and $1.43 billion in market capitalization.
Herbalife Ltd. (NYSE:HLF) stock declined 1.73 percent to $39.68 in pre-market trading. The stock has a 52-week low of $24.24, a 52-week high of $73.00 and $4.16 billion in market capitalization.
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