Pre-market Movers For Feb 19 (GRMN, ZLC, ZBRA, MFRM)

(RTTNews) - Gainers:

Garmin Ltd. (GRMN) is rising 12 percent to $53.21 as its fourth quarter results were above Wall Street view. The company forecast 2014 earnings in line with analyst' estimate and revenue above market view. The company also announced that Kevin Rauckman, chief financial officer and treasurer, would leave company within next year.

Zale Corp. (ZLC) is jumping 40 percent to $20.90. Signet Jewelers Ltd. (SIG, SIG.L) agreed to acquire all issued and outstanding stock of the company for $21.00 per share in cash consideration. The transaction would be valued at around $1.4 billion.

Zebra Technologies Corp. (ZBRA) is up 11 percent to $62.42. The company's fourth quarter earnings and net sales were higher than in the year-ago quarter and also topped analysts' expectations. The company also guided first quarter results above Street view.

Decliners:

Mattress Firm Holding Corp. (MFRM) is falling 10 percent to $37.00 as it lowered its full year financial outlook, citing mainly severe winter and higher promotional costs amidst poor consumer environment. The company also provided weak guidance for fiscal year 2014.