Pre-market Movers For July 26 (ATVI, CLS, SBUX, TSLA, PCLN, EXPE, ZNGA)

(RTTNews) - Gainers:

Activision Blizzard, Inc. (ATVI) is jumping 17 percent to $17.86. The company has reached an agreement to acquire from French media giant Vivendi SA (VIVEF.PK, VIV.L) about 429 million company shares and certain tax attributes, for around $5.83 billion in cash, or $13.60 per share acquired before taking into account the future benefit from these tax attributes.

Celestica Inc. (CLS) is rising 7 percent to $10.23. The company's second quarter profit improved from the year-ago quarter and its adjusted earnings per share topped Wall Street view. Revenues for the quarter declined, but managed to come above the consensus estimate. The company forecast third quarter results below Street view.

Starbucks Corp. (SBUX) is gaining 7 percent to $72.82. The company's third quarter profit and net revenues increased from the prior year period and were above Wall Street view. The company also raised its full year fiscal 2013 earnings per share forecast.

Tesla Motors, Inc. (TSLA) is more than 3 percent to $128.69.

Decliners:

priceline.com Inc. (PCLN) is down 2 percent to $887.00.

Expedia, Inc. (EXPE) is plunging 24 percent to $49.50 and Zynga Inc.(ZNGA) is falling 18 percent to $2.87 following the release of their quarterly results.