Diamond Foods (DMND.O) was up 6 percent at $37.00 after Snyder's-Lance (LNCE.O) said it would buy the Kettle potato chips maker for about $1.27 billion.
Northrop Grumman (NOC.N) jumped 5.7 percent to $190.95 after it reported better-than-expected third-quarter results.
Twitter (TWTR.N) slumped 10.3 percent to $28.11 on disappointing revenue forecast and anemic user growth.
Akamai Technologies (AKAM.O) dropped 18.5 percent to $61.55 after its revenue and profit forecast was below expectations.
Rite Aid (RAD.N) shares lost some of their Tuesday's gains and were trading down 8.2 percent at $7.97, a day after Walgreens Boots Alliance (WBA.O) said it would buy the smaller drugstore operator for $9.4 billion. Walgreens shares shed 1.7 percent after its results on Wednesday morning.
Gilead Sciences (GILD.O) was down 1.4 percent at $109.45 after the biotech company reported weak sales growth for its hepatitis C drug in the quarter.
Amgen (AMGN.O), GoPro (GPRO.O) and PayPal (PYPL.O) will post results after the close. GoPro was up 1.3 percent, while PayPal inched up 1.1 percent in premarket trading.
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