Pre-market Decliners: Vodafone Group (NASDAQ:VOD), ARM Holdings (NASDAQ:ARMH), Ariad Pharmaceuticals (NASDAQ:ARIA), Agios Pharmaceuticals (NASDAQ:AGIO)

Vodafone Group Plc (ADR) (NASDAQ:VOD) is taking full control of its Indian subsidiary after buying out minority shareholders, increasing its exposure to one of the world’s fastest-growing mobile telecom markets. Vodafone Group Plc (ADR) (NASDAQ:VOD) stock opened today at $36.61 and is currently trading at $36.64. The stock showed a positive weekly performance of 1.01%.

ARM Holdings plc logo Sanford C. Bernstein upgraded shares of ARM Holdings plc (NASDAQ:ARMH) from an underperform rating to a market perform rating in a research report sent to investors on Tuesday morning, TheFlyOnTheWall. ARM Holdings plc (ADR) (NASDAQ:ARMH) stock opened at $51.81, in current trading session and currently is at $51.60, by losing -1.41%. The 52 week range of $34.75 – $55.26. Company’s market capitalization is 24.08 billion.

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) announced the appointment of Hugh M. Cole to the position of senior vice president and chief business officer. Mr. Cole will be responsible for global business and corporate development, licensing and strategic planning. He will report to ARIAD’s chairman and chief executive officer, Harvey J. Berger, M.D. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) stock is currently trading at $7.59. The EPS of the stock is -1.49. Company’s market capitalization is 1.41 billion.

Agios Pharmaceuticals (NASDAQ:AGIO) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $55.00 price objective on the stock, up from their previous price objective of $40.00. JPMorgan Chase & Co.’s target price would suggest a potential upside of 17.27% from the company’s current price. Agios Pharmaceuticals Inc. (NASDAQ:AGIO) stock opened the session at $46.03, and now is at $47.48. The 52 week range of the Agios Pharmaceuticals Inc. (NASDAQ:AGIO) stock remained $15.77 – $49.79 and the day range was $45.03 – $47.87.

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