Pre-Market Movers (Apache, Nokia, Facebook, ISIS Pharma, AMD, Nexen, General Motors, Lennar Corp)
Apache Corp, Nokia Corp, Advanced Micro Devices, Deutsche Bank, Facebook, ISIS Pharmaceuticals, Nexen, Lennar Corp and General Motors Co are among the companies whose shares are moving in pre-market trading Monday.
Apache Corp. (APA) stock climbed 15 percent to $99.90 in pre-market trading. The stock has a 52-week low of $77.93, a 52-week high of $112.09 and $33.98 billion in market capitalization.
Nokia Corp. (NOK) stock surged 4.38 percent to $2.86 in pre-market trading. The company stock was reaffirmed with a “neutral” rating at Zacks Friday with a price target of $3.00.
Advanced Micro Devices, Inc. (AMD) stock surged 3.21 percent to $2.25 in pre-market trading. The stock tumbled nearly 17 percent in regular trading Friday after the company reported the third quarter earnings that missed analysts’ estimates. Nomura lowered AMD’s fiscal 2102 revenue forecast to $5.42 billion from $5.59 billion and fiscal 2013 revenue forecast to $4.88 billion from $5.64 billion.
Deutsche Bank AG (DB) stock gained 1.89 percent to $45.32 in pre-market trading. The company stock plunged more than 4 percent in regular trading Friday.
Facebook Inc. (FB) stock gained 1.47 percent to $19.28 in pre-market trading. The stock has a 52-week low of $17.55, a 52-week high of $45.00 and $40.70 billion in market capitalization.
ISIS Pharmaceuticals Inc. (ISIS) stock tumbled 25.13 percent to $7.00 in pre-market trading. The stock has a 52-week low of $6.43, a 52-week high of $15.61 and $940.65 million in market capitalization.
Nexen Inc. (NXY) stock slumped 11.42 percent to $22.50 in pre-market trading. Canada’s rejection of a bid by Malaysia’s state oil company for Progress Energy Resources Corp. casts doubt on Beijing-based CNOOC Ltd’s $15.1-billion takeover of Nexen Inc. and raises questions about the openness of Prime Minister Stephen Harper’s government to foreign investment, Bloomberg has reported.
Lennar Corp. (LEN) stock plunged 3.67 percent to $37.31 in pre-market trading. Analysts’ at Zacks reiterated “neutral” rating on shares of Lennar Corp Friday with a price target of $41.00.
General Motors Co. (GM) stock declined 1.59 percent to $24.20 in pre-market trading. The stock has a 52-week low of $18.72, a 52-week high of $27.68 and $38.51 billion in market capitalization.
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