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Fastenal, Exela Technologies Inc, Spectrum Pharmaceuticals and more - PRE-MARKET

Last updated: 07:42 11 Apr 2018 EDT, First published: 02:42 11 Apr 2018 EDT

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A look at what's hot and what's not ahead of the Wall Street open

US benchmarks are seen starting lower on Wednesday after yesterday's rally, with goods distributor and manufacturer Fastenal Co (NASDAQ:FAST) seeing shares down 4.15% ahead of the bell at US$52.16 each.

It comes as the manufacturer of fasteners and tools reported first-quarter profit and sales that increased only in line with expectations, which disappointed.

 

Spectrum Pharmaceuticals Inc (NASDAQ: SPPI) added nearly 6% to US$22 after hours as the company unveiled positive data from its lung cancer drug.

In other pre-market news, Exela Technologies Inc (NASDAQ:XELA) shed 5.69% to US$5.30 after it announced a 1.05mln stock offering on behalf of Ex-Sigma 2.

Elsewhere, Analogic Corporation (NASDAQ:ALOG) saw its shares plunge over 12% after hours to US$84.15 each as the multinational agreed to be bought by Altaris Capital Affiliate for US$84 per share.

Facebook Inc (NASDAQ:FB.), the social behemoth, shed 0.71% to US$163.87 after the bell as Mark Zuckerberg faced hours of questions by US senators.

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