The top pre-market NASDAQ Stock Market gainers are: Biostar Pharmaceuticals, Wet Seal, Zalicus, Oracle, and JetBlue Airways. The top pre-market NASDAQ Stock Market losers are: China Finance Online, Research In Motion, Acacia Research, Universal Display, XOMA, and Netflix.

Gainers

Biostar Pharmaceuticals, Inc. (BSPM) stock jumped 27.03 percent to $2.82 in the pre-market trading, as it reported higher fourth quarter earnings. Profit was $6.1 million or $0.22 a share, compared to $1.7 million or $0.07 a share last year. Adjusted profit was $6.3 million or $0.24 a share, up from $2.7 million or $0.12 a share year ago. Sales soared 65.7 percent to $28.2 million, as sales of its flagship product Xin Aoxing Capsules grew 56.5 percent and sales of Gan Wang Compound Paracetamol Capsules, used to fight cold, grew 37.3 percent.

Wet Seal Inc. (WTSLA) stock grew 6.48 percent to $3.78 in the pre-market trading. Adjusted profit for the fourth quarter was $6.7 million or 7 cents a share, up from $6.1 million or 6 cents a share last year. Sales rose to $165.5 million from $151 million. Analysts had expected profit of 5 cents a share on revenue of $164.67 million. Consolidated comparable store sales increased 1.9 percent.

Wet Seal expects first quarter earnings of 5 cents to 7 cents a share and revenue of $151 million to $155 million, while Street analysts predict profit of 6 cents a share on revenue of $149.33 million.

Zalicus Inc. (ZLCS) stock grew 5.21 percent to $2.22 in the pre-market trading.

Oracle Corp. (ORCL) stock gained 4.54 percent to $33.60 in the pre-market trading. Adjusted profit for the third quarter was $2.8 billion or 54 cents a share, up from $1.9 billion or 38 cents a share last year. Revenue rose 37 percent to $8.8 billion. Analysts had expected profit of 50 cents a share on revenue of $8.67 billion. The company's board declared a quarterly cash dividend of 6 cents a share, payable to stockholders of record as of the close of business on April 13, with a payment date of May 4.

JetBlue Airways Corp. (JBLU) stock increased 3.32 percent to $6.23 in the pre-market trading.

Losers

Research In Motion Limited (RIMM) stock plunged 10.78 percent to $57.18 in the pre-market trading, as it guided first quarter guidance below Street view. The BlackBerry maker said it expects first quarter earnings of $1.47 to $1.55 a share and revenue of $5.2 billion to $5.6 billion, while Street predicts profit of $1.65 a share on revenue of $5.64 billion. For full year 2012, the company expects earnings in excess of $7.50 a share, while Street predicts $6.81 a share.

Research In Motion posted fourth quarter earnings of $934 million or $1.78 a share, up from $710 million or $1.27 a share last year. Revenue rose to $5.6 billion from $4.1 billion. Analysts had expected profit of $1.76 a share on revenue of $5.64 billion.

Separately, the BlackBerry maker announced plans to greatly expand the application ecosystem for the BlackBerry PlayBook. The BlackBerry PlayBook is scheduled to launch in the U.S. and Canada on April 19. RIM would launch two optional app players that provide an application run-time environment for BlackBerry Java apps and Android v2.3 apps.

The company said the new app players would allow users to download BlackBerry Java apps and Android apps from BlackBerry App World and run them on their BlackBerry PlayBook. In addition, RIM would shortly release the native SDK for the BlackBerry PlayBook enabling C/C++ application development on the BlackBerry Tablet OS.

China Finance Online Co. Ltd. (JRJC) stock fell 8.98 percent to $4.46 in the pre-market trading. Profit for the fourth quarter was $89,000 or breakeven per American Depository Share (ADS), compared to a loss of $2.66 million or 13 cents per ADS last year. Adjusted profit was $669,000 or 3 cents per ADS, compared to a loss of $1.08 million or 5 cents per ADS last year. Revenue marginally declined to $14.78 million from $14.99 million. Analysts had expected profit of 1 cent per ADS on revenue of $14.94 million. The company expects fiscal 2011 revenue of $58 million, and adjusted earnings of $3 million. Street analysts predict revenue of $62.92 million.

Acacia Research Corp. (ACTG) stock tumbled 5.01 percent to $31.85 in the pre-market trading, as it has proposed for a public offering of 5 million shares of its common stock. The company also expects to grant an option to Barclays Capital to buy up to an additional 750,000 shares of common stock.

Acacia Research said it plans to use the net proceeds from the offering for its operations and for other general corporate purposes, including working capital, strategic acquisitions and other transactions.

Universal Display Corp. (PANL) stock fell 3.59 percent to $47 in the pre-market trading. The company said it priced its public offering of 5 million shares of its common stock at $46.00 a share. The offering is expected to close on March 30. The company has granted the underwriters an option to purchase up to an additional 750,000 shares during the next 30 days to cover over-allotments, if any.

The company estimates net proceeds from this offering, before offering expenses, to be about $217.35 million, or about $249.95 million if the underwriters' over-allotment option is exercised in full. The company expects to use proceeds of the offering for general corporate purposes, including the acquisition, development and license of properties, assets, entities or technologies.

XOMA Ltd. (XOMA) stock tumbled 2.74 percent to $3.20 in the pre-market trading.

Netflix, Inc. (NFLX) stock slid 1.15 percent to $226.50 in the pre-market trading. The pay cable channel Starz plans to delay the availability of new TV shows and movies to Netflix, according to a Wall Street Journal report. Starz said beginning April 1 new episodes of its original shows, like the forthcoming Camelot, will be delayed 90 days before being available on Netflix and a handful of other Internet services to which it licenses content.

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