The top pre-market NASDAQ stock market gainers are: Dell, Immunogen, Thoratec, ASML Holding, BSD Medical, Brocade Communications Systems, Wynn Resorts, Amgen, ARM Holdings, and Cisco Systems.
Dell Inc. (DELL) surged 2.89 percent to $14.06 in the pre-market trading. The company's third quarter adjusted profit was $875 million or 45 cents a share, up from $449 million or 23 cents a share last year. Revenue rose 19 percent to $15.4 billion. Analysts had expected profit of 32 cents a share on revenue of $15.74 billion.
Dell expects fourth quarter revenue to track in-line to slightly up from the third quarter. The company also said it expects full-year revenue to track toward the mid-point of the 14 percent to 19 percent range set earlier in the year.
Immunogen Inc. (IMGN) soared 2.48 percent to $8.25 in the pre-market session. The company said it presented first clinical trail data for its IMGN388 anticancer compound. The compound is designed to target and kill cells that express its av integrin target. This antigen is found on a number of types of solid tumors, including lung, breast and prostate cancers.
Thoratec Corp. (THOR) jumped 1.95 percent to $26.61 in the pre-market trading.
ASML Holding NV (ASML) moved up 1.85 percent to $33.50 in the pre-market trading. The company expects industry capital expenditure to rise rather than fall in 2011 alongside growth in most of its markets, chief financial officer Peter Wennink said in a conference.
BSD Medical Corp. (BSDM) improved 1.85 percent to $6.05 in the pre-market session.
Brocade Communications Systems, Inc. (BRCD) grew 1.40 percent to $5.80 in the pre-market session.
Wynn Resorts Ltd. (WYNN) rose 1.36 percent to $102.32 in the pre-market trading.
Amgen Inc. (AMGN) increased 1.31 percent to $55.86 in the pre-market session. The company said its Xgeva or denosumab, a subcutaneous RANK Ligand inhibitor, drug received FDA approval for the treatment of bone metastases to reduce skeletal related events in patients with cancer.
ARM Holdings plc (ARMH) gained 1.23 percent to $18.13 in the pre-market trading.
Cisco Systems, Inc. (CSCO) moved up 1.22 percent to $19.85 in the pre-market trading. The company said its board has authorized up to $10 billion in additional repurchases of its common stock.