Amazon.com (AMZN) — The tech giant was up 6.56 points, or 1.06%, to $624.30 as of 9:36 a.m. ET. The name had its target raised to $800 from $777 at Credit Suisse (CS), which represents a 30% increase from Monday’s closing pps.
Shares of Apollo Education Group, Inc. (APOL) are higher by nearly 20% to $7.65 in pre-market trading on Tuesday following reports that Apollo Global Management (APO) is nearing deal to acquire the private education provider.
MarketWatch suggested Apollo Education could be sold for about $1 billion.
BioLineRx, Ltd. (BLRX) shares surged 20.39% to $1.24 in pre-market trading after the company said on Tuesday it would collaborate with Merck (MRK) to test a combination of drugs for the treatment of pancreatic cancer.
Shares of Lululemon Athletica Inc. (LULU) are up $5.42, or 9.91%, at $60.15, after the company this morning raised its fiscal 2015 fourth quarter earnings and revenue guidance following stronger-than-expected holiday season sales.
Alcoa Inc. (AA) shares are down $0.38 to $7.62 in morning trading Tuesday after the company reported its fourth quarter earnings results. The aluminum producer posted earnings of $0.04 per share on revenues of $5.25 billion, down 17.8% from a year ago. Analysts were expecting EPS of $0.01 on revenues of $5.28 billion. Alcoa projected record aluminum demand for FY2016.