15 Stocks Moving In Wednesday's Pre-Market Session

Gainers

Newell Brands Inc NWL rose 19.5 percent to $60.15 in the pre-market trading after the company disclosed a definitive agreement with Stanley Black & Decker, Inc. SWK to divest its tools unit for about $1.95 billion.

IntelliPharmaCeutics Intl Inc (USA) IPCI rose 10.3 percent to $3.12 in pre-market trading after the company disclosed that it has signed an exclusive license and commercial supply agreement with Mallinckrodt.

Nova Lifestyle Inc NVFY rose 9.6 percent to $4.80 in pre-market trading after surging 19.02 percent on Tuesday.

Barracuda Networks Inc CUDA rose 8.7 percent to $25.35 in pre-market trading after the company posted stronger-than-expected results for its second quarter on Tuesday.

MGT Capital Investments Inc. MGT rose 7.2 percent to $2.68 in pre-market trading after gaining 39.66 percent on Tuesday.

Biostar Pharmaceuticals Inc BSPM shares rose 7 percent to $5.94 in pre-market trading after climbing 61.81 percent on Tuesday.

Fang Holdings Ltd SFUN rose 4.7 percent to $3.81 in pre-market trading after dropping 8.08 percent on Tuesday.

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Losers

Telefonaktiebolaget LM Ericsson ERIC shares fell 16.7 percent to $5.84 in pre-market trading after the company issued a profit warning for the third quarter.

Fortinet Inc FTNT shares fell 14.2 percent to $29.25 in pre-market trading after the company lowered its outlook for the third quarter on Tuesday.

SemGroup Corp SEMG shares fell 5.2 percent to $31.00 in pre-market trading after dropping 0.97 percent on Tuesday.

Nokia Corp (ADR) NOK shares fell 4.6 percent to $5.14 in pre-market trading on the heels of Ericsson warning.

Alcatel Lucent SA (ADR) ALU fell 4.6 percent to $3.31 in pre-market trading following Ericsson warning.

Skypeople Fruit Juice Inc SPU fell 4.3 percent to $7.89 in pre-market trading after slipping 0.36 percent on Tuesday.

Check Point Software Technologies Ltd. CHKP fell 3.4 percent to $74.00 in pre-market trading on Fortinet warning.

FireEye Inc FEYE shares fell 3 percent to $12.90 in pre-market trading on Fortinet warning.