September 20, 2018 / 1:19 PM / in 3 months

BUZZ-U.S. STOCKS ON THE MOVE-GE, Molecular Templates, Transocean, Nike, Skechers USA

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U.S. stock index futures pointed to a higher opening on Thursday, extending a bounce since the latest blows in the U.S.-China trade spat this week on the back of a recovery for technology stocks. At 9:05 ET, Dow e-minis were up 0.53 percent at 26,573. S&P 500 e-minis were up 0.40 percent at 2,921.75, while Nasdaq 100 e-minis were up 0.62 percent at 7,543.75. The top three NYSE percentage gainers premarket: ** Mechel PAO, up 15.4 pct ** Kemet Corp, up 10.0 pct ** Lannett Company Inc, up 8.2 pct The top three NYSE percentage losers premarket: ** Ethan Allen Interiors Inc, down 44.3 pct ** Lamb Weston Holdings Inc, down 21.9 pct ** Global Medical REIT Inc, down 15.7 pct The top three Nasdaq percentage gainers premarket: ** Ossen Innovation Co Ltd, up 25.0 pct ** New Age Beverages Corp, up 22.9 pct ** National American University Holdings Inc, up 20.5 pct The top three Nasdaq percentage losers premarket: ** Destination Xl Group Inc, down 23.1 pct ** Cinedigm Corp, down 21.3 pct ** Pure Cycle Corp, down 18.5 pct ** Bruker Corp: down 3.2 pct premarket BUZZ-Morgan Stanley sees end market concerns on Bruker, downgrades rating ** General Electric Co: down 1.6 pct premarket BUZZ-JP Morgan says GE’s H frame failure a negative development ** Molecular Templates Inc: down 11.2 pct premarket BUZZ-Drops on proposed stock deal ** Transocean Ltd: up 3.8 pct premarket BUZZ-RBC upgrades on expectation of improved offshore activity ** Red Hat Inc: down 5.6 pct premarket BUZZ-Slides on weak results, PT cuts ** TherapeuticsMD Inc: up 3.9 pct premarket BUZZ-FDA grants 5-yr marketing exclusivity to contraceptive ** Nike Inc: up 0.9 pct premarket BUZZ-Susquehanna raises PT to match Street high ** William Lyon Homes: flat/untraded premarket BUZZ-Wedbush downgrades on weakening home prices ** Amicus Therapeutics Inc: up 9.7 pct premarket BUZZ-Gains on plans to buy gene therapy company ** Westport Fuel Systems Inc: up 3.5 pct premarket BUZZ-Gains after H.C. Wainwright says ‘buy’ ** Viking Therapeutics Inc: down 0.8 pct premarket BUZZ-Dips on plans to raise equity to fund liver drug study ** The Interpublic Group of Companies Inc: up 0.4 pct premarket BUZZ-Macquarie raises to ‘outperform’ ** Skechers USA Inc: down 3.1 pct premarket BUZZ-Slow inventory sell-off, FX pressure cause for concern-Cowen ** Darden Restaurants Inc: up 3.3 pct premarket BUZZ-On course for record high after Q1 results beat ** Tandem Diabetes Care Inc: up 3.6 pct premarket BUZZ-Remarkable run is not over - Craig-Hallum ** Galectin Therapeutics Inc: up 7.6 pct premarket BUZZ-Jumps on “encouraging” data from early trial in cancer patients ** Under Armour Inc: up 0.4 pct premarket BUZZ-Shares rise after new job cuts ** Canopy Growth Corp: up 1.9 pct premarket BUZZ-Rises after supply agreement with Organigram (Compiled by Akanksha Rana in Bengaluru)

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