Pre-market movers on Mar.16 (PANL, AST, MU, DE, CSIQ, MRK, ORCC, AMAT, CCL, SBUX, AAPL)

The companies whose shares are moving in pre-market trade on Wednesday are: Universal Display, Ascent Solar Technologies, Micron Technology, Deere & Co, Canadian Solar, Online Resources, Applied Materials, Carnival, Starbucks and Apple.

Gainers:

Universal Display Corp. (NASDAQ:PANL) shares surged 6.34 percent to $40.60 in pre-market trading session. The company reported fourth quarter loss of $5.3 million or $0.14 per share compared to $3.8 million or $0.10 per share in the same quarter a year-ago, while revenues rose to $10.79 million from $4.85 million in the same period last year.

Ascent Solar Technologies, Inc. (NASDAQ:AST) shares gained 2.68 percent to $3.07 in pre-market trading session.

Micron Technology Inc. (NASDAQ:MU) shares advanced 2.4 percent to $10.68 in pre-market trading session.

Deere & Co (NYSE:DE) shares gained 2.09 percent to $89.51 in pre-market trading session. It has been rated as the top company in its industry in the annual Most Admired Companies ranking by Fortune magazine.

Canadian Solar Inc. (NASDAQ:CSIQ) shares advanced 2.02 percent to $12.10 in pre-market trading session. The company announced a third engineering, procurement and construction (EPC) agreement to build a 10.5 MW solar park in Thunder Bay, Ontario.

Merck & Co Inc. (NYSE:MRK) shares gained 1.69 percent to $32.40 in pre-market trading session. The stock has a 52 week low of $30.70 and 52 week high of $39.04 and has $98.23 billion market capitalization.

Losers:

Online Resources Corp. (NASDAQ:ORCC) shares plunged 26.94 percent to $4.42 in pre-market trading session. The company stock was downgraded to a “Neutral” rating from “buy” rating at Janney Montgomery Scott.

Applied Materials Inc. (NASDAQ:AMAT) shares declined 3.29 percent to $14.39 in pre-market trading session. The stock has a 52 week low of $10.27 and 52 week high of $16.93 and has $19.63 billion market capitalization.

Carnival Corp. (NYSE:CCL) shares declined 1.71 percent to $38.44 in pre-market trading session. Barclays Capital lowered their price target on shares of CCL to $52.00 from $55.00 on Monday, while Goldman Sachs lowered EPS estimates on shares of Carnival.

Starbucks Corp. (NASDAQ:SBUX) shares declined 1.57 percent to $35.16 in pre-market trading session.

Apple Inc (NASDAQ:AAPL) shares declined 0.23 percent to $344.67 in pre-market trading session. The company stock was downgraded to “Market Perform” rating from “Outperform” rating at JMP Securities.