The top pre-market NASDAQ Stock Market gainers are: Universal Display, ARM Holdings, Momenta Pharmaceuticals, Micron Technology, Sina, and Apple. The top pre-market NASDAQ Stock Market losers are: Mellanox Technologies, Logitech International, Netflix, ASML Holding, and Teva Pharmaceutical Industries.
Universal Display Corp. (PANL) stock gained 2.30 percent to $59.70 in the pre-market trading.
ARM Holdings plc (ARMH) stock increased 2.27 percent to $28.88 in the pre-market trading.
Momenta Pharmaceuticals Inc. (MNTA) stock rose 2.03 percent to $12.55 in the pre-market trading.
Micron Technology Inc. (MU) stock gained 1.74 percent to $7 in the pre-market trading.
Sina Corp. (SINA) stock increased 1.61 percent to $111.11 in the pre-market trading.
Apple Inc. (AAPL) stock rose 1.04 percent to $415.90 in the pre-market trading. The stock touched a new life-time high of $413.23 on Monday.
Mellanox Technologies, Ltd. (MLNX) stock fell 5.42 percent to $33.67 in the pre-market trading. The company said it plans to conduct an underwritten public offering of 3 million ordinary shares pursuant to an effective shelf registration statement. Mellanox plans to use the proceeds from the offering for general corporate purposes. The company said it plans to grant the underwriters a 30-day option to purchase up to another 450,000 ordinary shares in the offering to cover over-allotments. J.P. Morgan Securities Llc, Credit Suisse Securities (USA) Llc and Barclays Capital Inc. are acting as the book running managers for the offering. Stifel Nicolaus Weisel is acting as co-manager for the offering.
Logitech International SA (LOGI) stock tumbled 3.54 percent to $8.99 in the pre-market trading. The company unveiled Logitech Harmony Link, a small device designed to fit in next to your TV and media electronics and communicate over Wi-Fi with the free Logitech Harmony Link App for iPad. After setup, the Logitech Harmony Link and the Logitech Harmony Link App work together to let iPad users browse a personalized schedule of their favorite shows, channels and genres to find something good to watch and -- with one touch -- turn on all the right devices and tune to the right channel.
Netflix, Inc. (NFLX) stock slid 1.06 percent to $142.23 in the pre-market trading. The company's chief executive Reed Hastings in a corporate blog posted apologize for the way Netflix handled the announcement of the separation of DVD and streaming businesses and the recent price increases. The company said in early July that it is separating its unlimited streaming and unlimited DVD plans in the U.S. to better reflect the costs of each. The streaming-only plan and the DVD-only plan were priced at $7.99 each, while the price for getting both unlimited streaming and unlimited DVDs was $15.98 a month.
ASML Holding NV (ASML) stock declined 1.03 percent to $35.64 in the pre-market trading.
Teva Pharmaceutical Industries Ltd. (TEVA) stock decreased 1.01 percent to $37.35 in the pre-market trading.