Sprint 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.
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
