Pre-Market Movers (Corning, HSBC, RF Micro Devices, AIXTRON, Reed Elsevier, Gilat Satellite, Children's Place, Telecom Italia, Calumet Specialty)
Corning Inc, HSBC Holdings Plc, RF Micro Devices Inc, AIXTRON SE, Reed Elsevier Plc, Gilat Satellite Networks Ltd, Telecom Italia S.p.A., Children's Place Retail Stores, Inc. and Calumet Specialty Products Partners, LP are among the companies whose shares are moving in the pre-market trading Tuesday.
Gainers
Corning Inc. (NYSE:GLW) shares surged 6.00 percent to $5.65 in pre-market trading. The stock has a 52-week low of $10.62, a 52-week high of $14.58 and a market capitalization of $19.16 billion.
RF Micro Devices Inc. (NASDAQ:RFMD) stock gained 3.05 percent to $5.06 in pre-market trading. The stock has a 52-week low of $3.45, a 52-week high of $5.43 and a market capitalization of $1.37 billion.
AIXTRON SE (NASDAQ:AIXG) declined 2.35 percent to $14.83 in pre-market trading. The company shares have a 52-week low of $11.21, a 52-week high of $19.16 and a market capitalization of $1.46 billion.
HSBC Holdings Plc (NYSE:HBC) stock advanced 1.36 percent to $53.55 in pre-market trading. The company shares have a 52-week trading range of $38.56-$57.37 and a market capitalization of $195.31 billion.
Reed Elsevier Plc (NYSE:RUK) stock climbed 1.29 percent to $47.06 in pre-market trading. The company shares have a 52-week trading range of $28.66-$46.97 and a market capitalization of $13.87 billion.
Losers
Gilat Satellite Networks Ltd. (NASDAQ:GILT) shares dropped 12.13 percent to $5.00 in pre-market trading. The company shares have a 52-week trading range of $2.31-$6.20 and a market capitalization of $234.33 million.
Telecom Italia S.p.A. (NYSE:TI) stock declined 5.48 percent to $7.24 in pre-market trading. The shares of the Italy-based company engaged in the communications sector have a 52-week trading range of $7.05-$12.38 and a market capitalization of $14.77 billion.
Children's Place Retail Stores Inc (NASDAQ:PLCE) stock declined 7.05 percent to $42.75 in pre-market trading. The Children's Place Retail Stores Inc. said Tuesday that its fiscal fourth-quarter net income dropped 18 percent as it dealt with accounting changes and some charges. Its adjusted results and revenue at $1.15 per share topped analysts' estimates of $1.04 per share. But its forecast of adjusted earnings of 60 cents to 65 cents per share and full-year adjusted earnings between $2.90 and $3.10 per share was below the Wall Street's expectation of first-quarter earnings at $1.20 per share and full-year earnings of $3.55 per share.
Calumet Specialty Products Partners, L.P (NASDAQ:CLMT) shares dropped 4.76 percent to $37.24 in pre-market trading. The company announced late Monday commencement, subject to market conditions, of an underwritten public offering of 5,250,000 common units. Calumet also intends to grant the underwriters the option to purchase up to 787,500 additional common units.
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