Benzinga's Top #PreMarket Gainers

Hot Biotech Stocks To Own For 2015

Related RAX Benzinga's M&A Chatter for Thursday May 15, 2014 Market Wrap For May 15: Bears Return In Full-Force As Dow Suffers Triple-Digit Point Loss Related JCP #PreMarket Primer: Friday, May 16: Wall Street Giants Take Up Positions In Telecom Sector Stocks To Watch For May 16, 2014 J.C. Penney Posts 1Q Beat, Shares Jump (Fox Business)

J. C. Penney Company (NYSE: JCP) soared 18.52% to $9.92 in the pre-market trading after the company reported stronger-than-expected first-quarter results. J.C. Penney's same-store sales also surged 6.2% in the quarter.

Rackspace Hosting (NYSE: RAX) shares climbed 12.87% to $34.63 in the pre-market trading session on confirmation of approach by potential buyers and partners.

Nordstrom (NYSE: JWN) shares jumped 10.75% to $68.10 in pre-market trading as the company reported upbeat first-quarter results. Nordstrom posted a quarterly profit of $0.72 per share on revenue of $2.93 billion. However, analysts were expecting a profit of $0.68 per share on revenue of $2.86 billion. Analysts at Credit Suisse upgraded Nordstrom from Neutral to Outperform.

Autodesk (NASDAQ: ADSK) shares gained 4.56% to $50.00 in pre-market trading after the company reported better-than-expected first-quarter earnings. Autodesk posted its adjusted earnings of $0.32 per share on revenue of $592.5 million. However, analysts were expecting earnings of $0.21 per share on revenue of $569 million.

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