The top pre-market NASDAQ stock market gainers on Thursday are: Lexicon Pharmaceuticals, ARM Holdings, XOMA, Microvision, Glu Mobile and Randgold Resources.
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) surged 40.40 percent to $2.12 in pre-market trading session. The company announced positive results from a recently completed clinical trial and mechanistic study of a solid oral dose formulation for LX4211, a dual inhibitor of sodium-glucose co-transporters 1 and 2.
American Depository shares of ARM Holdings, plc (NASDAQ:ARMH) surged 8.41 percent to $23.72 in pre-market trading hours on Thursday after Microsoft said the next version of its Windows operating system will support ARM’s chips.
XOMA Ltd. (NASDAQ:XOMA) shares advanced 4.95 percent to $6.67 in pre-market trading session. The stock has a 52 week low of $2.24 and 52 week high of $12.60 and has 21.80M outstanding shares.
Microvision, Inc. (NASDAQ:MVIS) shares advanced 3.15 percent to $2.29 in premarket trading session.
Glu Mobile Inc. (NASDAQ:GLUU) shares gained 2.99 percent to $2.68 in pre-market trading session. On Wednesday, the company announced at CES a strategic partnership with NVIDIA Corp. (NVDA). This partnership highlights Glu's leadership in delivering unparalleled gaming experiences to Android-powered tablets and mobile devices.
American Depository shares of Randgold Resources Ltd. (NASDAQ:GOLD) shares advanced 2.98 percent to $80.50 in pre-market trading session. The company stock was upgraded to “buy” from “hold” at Citigroup.