Stocks Heading Up In Pre Market Trading: RAM, EGHT, RMBS, FIO, SIRI, MCP

RAM Energy Resources, Inc. (NASDAQ:RAM) is up 7.03% in pre market trading at $3.35. RAM trades 1.70 million shares a day on average. RAM steadily trended upward last week moving more than $1 a share. The company has a market cap of 246.67 million.

8×8, Inc. (NASDAQ:EGHT) is up 4.73% in pre market trading at $3.32. EGHT trades 504 thousand shares a day on average. EGHT stock fell about $0.40 last week. Today, 8×8, Inc. announced changes to the board of directors and the promotion of Kim Niederman to President. The company has a market cap of 219.95 million.

Rambus Inc. (NASDAQ:RMBS) is up 8.34% in pre market trading at $8.18. RMBS trades 3.13 million shares a day on average. Rambus updated their fourth quarter revenue guidance this morning. The company now expects revenue of $83 million versus previous guidance of $66 million to $71 million. The company has a market cap of 830.21 million.

Fusion-IO, Inc. (NYSE:FIO) is up 6.61% in pre market trading at $24.20. FIO trades 2.97 million shares a day on average. FIO shares were upgraded to overweight by Morgan Stanley analysts. FIO dropped more than $3 a share last week. The company has a market cap of 2.02 billion.

Sirius XM Radio Inc. (NASDAQ:SIRI) is up 1.65% in pre market trading at $1.85. SIRI trades 46.01 million shares a day on average. SIRI finished last week up slightly at $1.82 after starting the week at $1.80. The company has a market cap of 6.83 billion.

Molycorp, Inc. (NYSE:MCP) is up 3.42% in pre market trading at $24.80. MCP trades 3.84 million shares a day on average. MCP finished last week down more than $4 a share. The company has a market cap of 2.01 billion.

written by

Kyle Pinder has has over five years trading and research experience in the large cap space. While still in grad school, Kyle trades daily and keep Active Investor up to date with the latest breaking news coming out of Wall Street and Washington.
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