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Pre-Open Movers 5/2: (SMSC) (CHRS) (PLX) Higher; (OPEN) (RATE) (CHK) Lower (more...)

May 2, 2012 9:36 AM EDT Send to a Friend
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Below are stocks making major moves in pre-open trading Wednesday:

HIGHER:

  • Standard Microsystems Corp. (Nasdaq: SMSC) 38% HIGHER; acquired by Microchip (Nasdaq: MCHP)
  • Charming Shoppes (Nasdaq: CHRS) 24% HIGHER; acquired by Ascena Retail Group (Nasdaq: ASNA).
  • Protalix (NYSE: PLX) 24% HIGHER; The FDA approved the company's Gaucher Disease drug Elelyso.
  • Tripadvisor (NASDAQ: TRIP) 17% HIGHER; strong Q1
  • EasyLink (Nasdaq: ESIC) 13% HIGHER; being acquired by Open Text for C$7.25/share in cash.
  • True Religion Apparel, Inc. (NASDAQ: TRLG) 10% HIGHER; tops Q1 views
  • American Eagle (NYSE: AEO) 9% HIGHER; raises guidance
  • Thoratec Corp. (NASDAQ: THOR) 8% HIGHER; tops Q1 views
  • Reachlocal, Inc. (NASDAQ: RLOC) 6% HIGHER; tops Q1 views
  • Formfactor, Inc. (NASDAQ: FORM) 6% HIGHER; tops Q1 views
  • OCZ Technology Group, Inc. (NASDAQ: OCZ) 5% HIGHER; Q4 results
  • Genworth (NYSE: GNW) 5% HIGHER; Chairman, CEO Fraizer resigns. Reported Q1 EPS
  • CBS (NYSE: CBS) 4% HIGHER; tops Q1 views
  • Herbalife Ltd.(NYSE: HLF) 3% HIGHER; bounces after sell-of on negative Einhorn comments
  • Luxottica Group (NYSE: LUX) 2% HIGHER; upgraded
  • Wynn Resorts (Nasdaq: WYNN) 1% HIGHER; Formal Gazette Approval for Cotai Development


LOWER:

  • Open Table, Inc. (NASDAQ: OPEN) 14% LOWER; Q1 results, with sales below views
  • Bankrate (NYSE: RATE) 13% LOWER; misses Q1 vies
  • Ubiquiti Ntwrks (NASDAQ: UBNT) 9% LOWER; Q3 results
  • Chesapeake Energy Corp. (NYSE: CHK) 8% LOWER; misses Q1 views
  • Bio-Rad Laboratories Inc. (NYSE: BIO) 5% LOWER; misses Q1 views
  • Peet's Coffee & Tea, Inc. (NASDAQ: PEET) 5% LOWER; misses Q1 views
  • Virgin Media (Nasdaq: VMED) 3% LOWER; downgraded
  • RadioShack (NYSE: RSH) 2% LOWER; downgraded
  • Comcast (NASDAQ: CMCSA) 1% LOWER; posts Q1 results




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