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1Men's Wearhouse | Jos. A. Bank Clothiers [MW | JOSB]
The battle between the two men's apparel companies continues after Men's Wearhouse mounted a hostile bid to buy rival Jos. A. Bank for around $1.6 billion. Shares of both companies that dress Wall Street rallied in pre-market trading.
2Sirius XM Holdings[SIRI]
Sirius XM Holdings shares got a big boost after Liberty Media unveiled a plan after the closing bell Friday to turn the satellite radio provide into a wholly-owned subsidiary. Liberty currently owns 52% of Sirius, according to The Wall Street Journal.
Pandora shares rallied more than 1% ahead of the opening bell after the streaming music company said listener hours and active listeners both surged 13% in December on a year-over-year basis. Total market share also edged up to 8.6% from 7.58% on the same basis.
4SolarCity | First Solar [SCTY | FSLR]
It's the tale of two solar companies. Goldman Sachs sent shares of SolarCity surging after the investment bank added the company to its coveted conviction buy list. However, it sparked a selloff in First Solar shares after it knocked the firm's outlook down to "sell" from "buy."
Zynga shares jumped more than 2% in pre-market action. The impetus for the sharp move wasn't immediately clear. It's, worth noting, however, that the social game maker revealed plans to start allowing users to pay by bitcoin for several of its games, according to a report by The Wall Street Journal.