Elron Electronic Industries Ltd. (Nasdaq: ELRN) is among the top Nasdsaq gainers on strong volume, after one of its key product received a formal FDA clearance.

Exelixis Inc. (Nasdaq: EXEL) is rallying in the premarket on no news, perhaps hops of a deal coming its way.

Life Technologies Corp. (Nasdaq: LIFE) is rising in the premarket following a large EPS beat.

THQ Inc. (Nasdaq: THQI) is down in active trade following weak revenue guidance.

King Pharmaceuticals Inc. (NYSE: KG) is lower in active premarket trading after the FDA is requiring more study of its Corvue candidate.

Broadpoint Gleacher Securities Group, Inc. (NASDAQ: BPSG) shares are trading lower following a stock offering.

Wellcare Health Plans Inc. (NYSE: WCG) is seeing a large percentage move higher following earnings.

ViroPharma Inc. (Nasdaq: VHPH) shares are up following an earnings beat.

ARM Holdings plc (Nasdaq: ARMH) shares are trading lower on active volume on a revenue shortfall.

-The 24/7 Wall St. Team