Fly Intel: Pre-market Movers

HIGHER: Celgene (CELG), up 34% after agreeing to be acquired by Bristol-Myers Squibb (BMY) in a cash and stock transaction with an equity value of approximately $74B, or $102.43 per Celgene share… Alliqua (ALQA), up 30% after announcing its intent to pay a $1.00-$1.20 special dividend… DBV Technologies (DBVT), up 16% after announcing Julie O’Neill will lead FDA resubmission of Viaskin Peanut biologics license application… Gilead (GILD), up 3% after news of the deal for Celgene and after being upgraded to Outperform from Perform at Oppenheimer… Lattice Semiconductor (LSCC), up 3% after naming Sherri Luther as new CFO. LOWER: Apple (AAPL), down 9% after cutting its Q1 revenue guidance due mainly to weakness in iPhone sales in China… Bristol-Myers, down 8% after announcing Celgene acquisition deal… Cirus Logic (CRUS), Skyworks (SWKS) and Lumentum (LITE), down 6%, 5% and 9% respectively in response to Apple’s slashed Q1 guidance… Lumber Liquidators (LL), down 4% after Loop Capital analyst Laura Champine downgraded the stock to Hold and cut her price target for the shares to $10 from $24.