The top pre-market NASDAQ Stock Market gainers are: TranS1, Charming Shoppes, China Sunergy, Micron Technology, and TASER International. The top pre-market NASDAQ Stock Market losers are: MediciNova, SkyPeople Fruit Juice, Iridium Communications, James River Coal, and Golar LNG.

Gainers

TranS1, Inc. (TSON) stock jumped 27.30 percent to $4.15 in the pre-market trading, as it received the 510(k) clearance from FDA for the AxiaLIF(R) 1L+ product line, an instrumentation and implant system for L5-S1 lumbar fusion. The AxiaLIF 1L+ system represents the next generation of the original AxiaLIF 1L system first launched in 2005 that has a clinical history of over 10,000 implants.

TranS1 said it will begin a limited market release immediately with the new implant and instrumentation and anticipates full commercial release in the second half of 2011.

Charming Shoppes Inc. (CHRS) stock climbed 14.19 percent to $3.38 in the pre-market trading, as its fourth quarter loss narrowed from Street view. Loss widened to $30.4 million or 26 cents a share from $28.0 million or 24 cents a share last year. Adjusted loss narrowed to 8 cents a share from 36 cents a share. Sales rose to $575.8 million from $539.0 million. Analysts had expected a loss of 19 cents a share on revenue of $553.13 million. Comparable store sales increased 9 percent.

Separately, the company said Paula Price has been appointed to its Board of Directors. Price is the Executive Vice President and Chief Financial Officer of Ahold USA, the US operations of Royal Ahold, responsible for its finance, strategy and planning, real estate development and construction, and technology functions.

China Sunergy Co. Ltd. (CSUN) stock advanced 9.34 percent to $4.33 in the pre-market trading, as its fourth quarter earnings exceeded Street view. Profit was $15.4 million or 37 cents per American Depository Share (ADS), compared to a loss of $3.6 million or 9 cents per ADS last year. Sales rose to $169.6 million from $97.6 million. Analysts had expected profit of 33 cents per ADS on revenue of $174.85 million.

China Sunergy expects shipments for the first quarter to be between 98 MW to 110 MW. The company expects its first quarter gross margin to be about 9 percent to 10.5 percent, with an integrated margin between 14 percent to 15 percent. Such guidance is based on the average exchange rate between the Euro and U.S. dollar from January 1, 2011 to March 21, 2011. For the full year of 2011, the company expects to ship 670 MW to 690 MW of solar products.

Micron Technology Inc. (MU) stock grew 6.97 percent to $11.35 in the pre-market trading, as its second quarter earnings and revenue topped Street view. Profit was $72 million or 7 cents a share, down from $365 million or 39 cents a share last year. Sales rose to $2.26 billion from $1.96 billion. Analysts had expected profit of 3 cents a share on revenue of $2.06 billion.

TASER International Inc. (TASR) stock gained 3.72 percent to $3.90 in the pre-market trading. The company announced an order of TASER X3 electronic control devices (ECDs) and related accessories from an unnamed international customer. The order received provided for 100 TASER X3 ECDs with 1000 TASER cartridges. Further customer information is not being released at this time. It is anticipated that this order will ship in the First Quarter of 2011.

In addition, TASER announced the repurchase of 1.25 million shares of common stock at a cost of about $5 million pursuant to its previously announced $12.5 million stock buy-back program. Depending on market conditions, we expect to continue repurchasing TASER common stock beginning as early as late April of 2011. TASER intends to finance its stock repurchases with existing cash and future cash flow from operations, said Dan Behrendt, Chief Financial Officer of TASER International.

Losers

MediciNova Inc. (MNOV) stock plunged 17.13 percent to $2.95 in the pre-market trading, as it plans to offer units consisting of shares of its common stock and common stock purchase warrants in a firm-commitment underwritten public offering. There can be no assurance as to whether the offering may be completed or as to the actual size or terms of the offering.

Separately, MediciNova said it has priced a firm-commitment underwritten public offering of 2,750,000 units at a price to the public of $3.00 per unit for gross proceeds of $8.25 million. The warrants are exercisable immediately upon issuance, have a five-year term and an exercise price of $3.56 per share. Net proceeds, after estimated underwriting discount and assuming the warrants are not exercised, will be about $7.8 million. The offering is expected to close on or about March 29.

SkyPeople Fruit Juice, Inc. (SPU) stock plummeted 10.73 percent to $3.91 in the pre-market trading.

Iridium Communications Inc. (IRDM) stock slid 4.06 percent to $8.75 in the pre-market trading.

James River Coal Co. (JRCC) stock moved down 0.66 percent to $24.10 in the pre-market trading. The company said it priced its public offering of 6.65 million common shares at $23.50 a share. The company also granted the underwriters a 30-day option to purchase up to an additional 997,500 shares of common stock solely to cover over-allotments, if any.

James River Coal also said it has priced an offering of $200 million aggregate principal amount of 3.125 percent convertible senior notes due 2018 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. James River also has granted to the initial purchasers of the convertible notes an option to purchase up to an additional $30 million aggregate principal amount of the convertible notes solely to cover over-allotments, if any.

Golar LNG Ltd. (GLNG) stock moved down 0.54 percent to $23.88 in the pre-market trading.

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