Courtesy of Benzinga.
Limelight Networks, Inc. (NASDAQ: LLNW) shares surged 7.84 percent to $3.99 in pre-market trading after the company reported upbeat Q1 results. B Riley upgraded Limelight Networks from Neutral to Buy and raised the price target from $4.00 to $6.50.
Altera Corporation (NASDAQ: ALTR) shares rose 4.85 percent to $43.70 in pre-market trading on a report from Reuters that Intel Corporation (NASDAQ: INTC) had discussed offering $58 per share back in February and had signed a standstill agreement that expires on June 1, 2015, according to sources.
FireEye Inc (NASDAQ: FEYE) gained 4.60 percent to $43.20 in pre-market trading after the company reported better-than-expected results for the first quarter and lifted its sales forecast for the full year.
Expedia Inc (NASDAQ: EXPE) shares climbed 4.52 percent to $98.49 in pre-market trading following the release of the company’s Q1 results. Expedia reported Q1 adjusted loss of $0.03 per share on revenue of $1.37 billion. The company reported that room night growth accelerated to 32 percent year-over-year.
Skyworks Solutions Inc (NASDAQ: SWKS) shares gained 4.33 percent to $96.25 in the pre-market trading session after the company reported strong Q2 results Thursday and beat the Street’s expectations.
Posted-In: PreMarket GainersNews Pre-Market Outlook Markets Movers
