Active Stocks in Premarket Trading: S, ZNGA, FB, WDC, ABX, PSTI

Wall StreetSprint Nextel Corp. (NYSE:S) is up 14.84% this morning at $3.87. S has traded 3.9 million shares in pre market trading and trades 50.3 million shares a day on average. S shares are rallying in pre market as second quarter sales beat estimates. Sprint reported a wider loss for the second quarter of $1.37 billion, or $0.46 a share. Analysts were expecting a loss of $0.41 a share. The company has a market cap of 10.11 billion.

Get Ahead of the Market!
Sign up for one of the premier newsletters free!

Zynga, Inc. (NASDAQ:ZNGA) is down 40% in pre market trading at $3.05. ZNGA has traded 1.2 million shares this morning and trades 23.9 million shares a day on average. ZNGA shares are tanking after the company reported bad earnings and severely cut its outlook. Zynga reported adjusted earnings of just a $0.01 per share, below expectations of $0.05 per share. The company has a market cap of 3.74 billion.

Facebook, Inc. (NASDAQ:FB) is down 5.62% this morning at $27.69. FB has traded 318 thousand shares this morning and trades 46.09 million shares a day on average. FB shares are sinking due to Zynga’s poor quarter results. Facebook will announce their first earnings after market close today. The company has a market cap of 62.73 billion.

Western Digital Corp. (NASDAQ:WDC) is up 18.39% right now at $38.44. WDC has traded 188 thousand shares so far today and trades 5.1 million shares a day on average. WDC shares are up today after announcing great fourth quarter earnings. Excluding certain items, adjusted earnings were $3.35 per share. Analysts were expecting $2.47 per share. The company has a market cap of 8.44 billion.

Barrick Gold Corporation (NYSE:ABX) is down 3.99% today at $32.45. ABX has traded 126 thousand shares so far today and trades 9.3 million shares a day on average. ABX shares are down this morning after the gold company missed EPS by $0.17 per share and missed on revenue for the second quarter. The company has a market cap of 33.82 billion.

Pluristem Therapeutics, Inc. (NASDAQ:PSTI) is up 7.78% today at $3.60. PSTI has traded 93 thousand shares so far today and trades 347 thousand shares a day on average. PSTI shares are up today on news that Pluristem and the National Institutes of Health will study stem cells to treat radiation syndrome. The company has a market cap of 149.70 million.

About Rachel Brook

Rachel Brook is an up and coming financial writer focusing on commodity price inflation and how the overall market reacts to the price swings. She also covers emerging markets in Africa and SE Asia.

Speak Your Mind

*

Real Time Web Analytics