Top technology stocks were mixed in Thursday's pre-market trading.
Stocks moving on news include:
(+) CUI Global (CUI), which was surging more than 16% after announcing that it signed a letter to acquire four privately held companies in a cash, debt and shares deal to transform the firm into a larger energy group, with CUI shareholders owning 15% of the combined company after the deal set around June 1, as it reported a mixed set of Q1 results.
(+) NetEase (NTES) was more than 4% higher after it ramped up its quarterly dividend as its fiscal first-quarter revenue advanced on the back of rising sales from online gaming services. The Beijing-based company generated net revenue of RMB 18,356.2 million ($2.735 billion) in the three months ended March 31.
(-) Wix.com (WIX) was declining by more than 6% after booking Q1 adjusted profit of $0.03 per share, compared with the net loss of $0.06 per share in the prior-year period but lower than the $0.08 per share median Street estimate.
Price: 1.4400, Change: +0.20, Percent Change: +16.13
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