On The Fly: Pre-market Movers

UP AFTER EARNINGS: Priceline (PCLN), up 3.7%... Golden Ocean (GOGL), up 3.3%... Hertz (HTZ), up 1.3%. ALSO HIGHER: Silver Bay (SBY), up 17.9% after being acquired by Tricon Capital for $21.50 per share in cash... U.S. Steel (X), up 2.5% after the stock was upgraded to Outperform from Market Perform at Cowen... DryShips (DRYS), up 10.2% after initiating a new dividend policy. DOWN AFTER EARNINGS: Target (TGT), down 13.5%... Perrigo (PRGO), down 12%... Valeant Pharmaceuticals (VRX), down 5%... Workday (WDAY), down 6.9%... Cempra (CEMP), down 13%. ALSO LOWER: Realty Income (O), down 2.6% after its 10.85M share Spot Secondary priced at $62.00... Exelixis (EXEL), down 4.7% after being downgraded to Hold from Buy at Stifel.