Take a look at some of Thursday's early movers:
Lennar posted better-than-expected quarterly profit and revenue, indicating some pickup in the housing market heading into the spring. The second-largest U.S. homebuilder by the number of homes sold said deliveries rose 20 percent in the first quarter and average selling price rose to $326,000 from $316,000.
Energy firms took a hit in pre-market trade. Chesapeake Energy was downgraded by Sterne Agee to "underperform" from "neutral" with a price target of $9, down from the present $14. Southwestern Energy was downgraded to "neutral" from "buy." Offshore drilling giant Transocean fell following a RBC target price cut to $16 from $17. The firm has a "sector perform" rating.
EBay was downgraded to "underweight" from "neutral" by Piper Jaffray's Gene Munster, who cited concern about impact to PayPal from payment options Google Wallet, Apple Pay, Facebook, Samsung and traditional banks. Munster also cut the price target to $49 from $55.
Vince reported earnings that beat forecasts on revenue that missed. The high-end clothing firm reported fiscal fourth-quarter profit of $10.5 million.
Williams-Sonoma was downgraded to "hold" from "buy" at BB&T Capital Markets, citing valuation. The high-end retailer reported fourth-quarter earnings in line with estimates on revenue that missed after the bell on Wednesday. The company also lowered guidance.
Citigroup cut chief executive Michael Corbat's annual compensation by 10.3 percent last year at $14.5 million from $17.6 million, according to SEC disclosure. The bank cited high legal costs and the firm's failure to win regulatory approval for its capital plan in last year's stress tests.
Yahoo exited the Chinese market by closing its Beijing office. The California tech firm gave control of its China operations to Alibaba Group in 2005 and stopped offering services in the country in 2013.