Pre-market Movers For May 14 (KSS, CSCO, CTRP, ACRX, SHAK, JCP, ISSI)

(RTTNews) - Gainers:

Ctrip.com International Ltd. (CTRP) is up 14 percent to $74.60. The company slipped to a loss in its first quarter despite 46 percent growth in revenue, hurt by stock-based compensation expense and other costs. However, the results for the quarter topped Wall Street estimates. The company also provided a strong revenue outlook for the second quarter.

AcelRx Pharmaceuticals, Inc. (ACRX) is surging 20 percent to $3.64 based on the news that the company has entered into contract no. W81XWH-15-C-0046 worth up to $17.0 million, supported by the United States Army Medical Research and Materiel Command within the Department of Defense.

Shake Shack Inc. (SHAK) is up 7 percent to $73.25. The company slipped to a loss in its first quarter due to after-tax expenses associated with its initial public offering. Adjusted pro forma net income doubled from the year-ago quarter and topped Street view. Revenue also came in above the consensus estimate. Meanwhile, the company raised its 2015 revenue guidance, which is in line with Street view.

J. C. Penney Company, Inc. (JCP) is up 1 percent to $8.79. The company's first quarter net loss narrowed from the year-ago quarter. Total net sales for the quarter improved 2.0 percent, but missed the consensus estimate marginally. At the same time, the company increased its 2015 expectations for comparable store sales and gross margin.

Integrated Silicon Solution Inc. (ISSI) is up 7 percent to $20.15 based on the news that Cypress Semiconductor Corp. (CY) has offered to acquire the company for $19.75 per share in cash.

Decliners:

Kohl's Corp. (KSS) is falling 10 percent to $66.85. The company's first quarter earnings per share topped Street view, while sales missed the consensus estimate.

Cisco Systems, Inc. (CSCO) is 1 percent to $29.05 despite reporting third quarter adjusted earnings per share and revenue above analysts' expectations.