Pre-Market NASDAQ Movers (INVE, FTNT, SQNM, JASO, WIBC, NFLX, HWAY, ININ, HGSI, TQNT)

The top pre-market NASDAQ Stock Market gainers are: Identive Group, Fortinet, Sequenom, JA Solar Holdings, and Wilshire Bancorp. The top pre-market NASDAQ Stock Market losers are: Netflix, Healthways, Interactive Intelligence Group, Human Genome Sciences, and TriQuint Semiconductor.

Gainers

Identive Group Inc. (INVE) stock grew 8.90 percent to $2.57 in the pre-market trading.

Fortinet Inc. (FTNT) stock grew 7.22 percent to $20.50 in the pre-market trading. Profit for the third quarter was $17.9 million or $0.11 per share, up from $14.0 million or $0.09 per share last year. Adjusted profit was $21.7 million or $0.13 per share, up from $13.5 million or $0.09 per share last year. Revenue grew 37 percent to $116.4 million. Analysts had expected profit of $0.09 per share on revenue of $103.2 million.

Sequenom Inc. (SQNM) stock gained 6.32 percent to $5.05 in the pre-market trading.

JA Solar Holdings Co., Ltd. (JASO) stock increased 4.94 percent to $2.55 in the pre-market trading.

Wilshire Bancorp Inc. (WIBC) stock rose 2.01 percent to $3.05 in the pre-market trading. Profit for the third quarter was $10.19 million or $0.14 per share, compared to $4.07 million or $0.14 per share last year. Net interest income fell to $25.52 million from $29.65 million, while non-interest income decreased to $7.66 million from $10.05 million. Analysts had expected profit of $0.04 per share on revenue of $33.48 million.

Losers

Netflix Inc. (NFLX) stock plunged 34.74 percent to $77.55 in the pre-market trading, as its loss of 800,000 subscribers in the third quarter has affected its fourth quarter guidance, which was substantially below Wall Street's expectations.

Healthways Inc. (HWAY) stock slumped 32.86 percent to $7.50 in the pre-market trading. Profit for the third quarter was $9.5 million or $0.28 per share, down from $10.5 million or $0.30 per share last year. Revenue rose 3.3 percent to $176.2 million. Analysts had expected profit of $0.27 per share on revenue of $174.84 million. The company narrowed its 2011 earnings outlook to range of $0.90 to $1.00 per share from previous forecast of $0.90 to $1.08 per share, while affirming its revenue guidance of $672 million to $710 million. Street analysts predict profit of $0.95 per share on revenue of $692.96 million.

Cigna Corp. recently informed Healthways of its intention to begin to wind down its current contract in 2012 in advance of the expiration of contract in February 2013. For 2011, the contract is expected to produce revenues for Healthways in a range of $110 million to $115 million. Healthways expects a reduction in revenues from Cigna for 2012 compared with 2011 in a range of $60 million to $65 million. The size of a few remaining 2011 business development opportunities will delay any immediate decisions related to the underutilized capacity for Cigna and the overall company cost structure. Those decisions will be finalized before the end of 2011.

Interactive Intelligence Group, Inc. (ININ) stock fell 9 percent to $30.75 in the pre-market trading. Adjusted profit for the third quarter was $5.8 million or $0.29 per share, down from $7.0 million or $0.37 per share last year. Revenue grew 25 percent to $52.14 million. Analysts had expected profit of $0.31 per share on revenue of $53.54 million.

Human Genome Sciences Inc. (HGSI) stock slid 4.13 percent to $13 in the pre-market trading, ahead of its third quarter earnings after the market closes. Street analysts predict the company to report a loss of $0.39 per share on revenue of $37.31 million, compared to a loss of $0.22 per share and revenue of $50.78 million last year.

TriQuint Semiconductor, Inc. (TQNT) stock decreased 1.66 percent to $7.11 in the pre-market trading.