Stocks making the biggest moves in the premarket: Illumina, Cara Therapeutics, Snap & more

premarket illumina cara therapeutics stocks
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Stocks making the biggest moves in the premarket: Illumina, Cara Therapeutics, Snap & more

Take a look at some of the biggest movers in the premarket:

Illumina (ILMN) – Illumina issued preliminary current-quarter and full-year guidance that exceeded current analyst estimates. The life sciences company said its projected results are being driven by record orders in its gene-sequencing and related businesses. Illumina jumped 9.2% in premarket action.

Cara Therapeutics (CARA) – Cara Therapeutics shares surged 11.4% premarket following news that the biopharmaceutical company’s stock will be added to the S&P SmallCap 600 index, effective on Wednesday.

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