Fly Intel: Pre-market Movers
HIGHER: Parateum (TEUM), up 8% after announcing a new sales transaction with Citrix Systems (CTXS)... Nevro (NVRO), up 27% after announcing CEO Rami Elghandour stepped down and several analysts applauded the selection of Keith Grossman as the new CEO. UP AFTER EARNINGS: General Mills (GIS), up 4%... Smartsheet (SMAR), up 12%. DOWN AFTER EARNINGS: FedEx (FDX), down 6%. ALSO LOWER: Nomad Foods (NOMD), down 6% after a 17.39M share secondary offering priced at $20.00 per share... Sony (SNE), down 3% after Jefferies analyst Atul Goyal downgraded the stock to Hold from Buy. Sony's inability to exit the smartphone business has resulted in continued losses while a peak of game profits and increasing uncertainty imply "pedestrian profit growth" over the next two years, Goyal tells investors... Monster Beverage (MNST), down 2% after Goldman Sachs analyst Judy Hong downgraded shares to Neutral from Buy and removed the shares from her firm's Americas Conviction List. The company's U.S. sales could remain softer than expected in the near term, driving downward estimate revisions, Hong tells investors... NanoString (NSTG), down 2% after its 4.5M share secondary offering priced at $23.00 per share.