Pre-Market Movers (Linkedin, Deutsche Bank, Facebook, Banco Santander, Rosetta Genomics, Molycorp, Knight Capital, Infosys, Silvercorp)
Linkedin Corp, Deutsche Bank AG, Facebook Inc, Banco Santander, Rosetta Genomics, Molycorp Inc, Infosys, Knight Capital Group and Silvercorp Metals Inc are among the companies whose shares are moving in pre-market trading Friday.
Linkedin Corp. (LNKD) stock climbed 8.01 percent to $101.00 in pre-market trading. The company reported the second quarter adjusted net profit of $0.16 per share in line with analysts' estimate. Revenues for the quarter surged to $228.2 million from $121.0 million in the same period last year and also topped analysts' estimate of $215.73 million.
Deutsche Bank AG (DB) stock surged 4.27 percent to $29.56 in pre-market trading. The stock has a 52-week low of $27.03, a 52-week high of $52.54 and $42.93 billion in market capitalization.
Facebook Inc. (FB) stock gained 1.40 percent to $20.32 in pre-market trading. The company stock plunged 4 percent and set a new record low Thursday. The stock has a 52-week low of $19.82, a 52-week high of $45.00 and $42.93 billion in market capitalization.
Banco Santander, S.A. (SAN) stock gained 1.58 percent to $5.79 in pre-market trading. The bank stock plunged more than 6 percent Thursday after the European Central Bank (ECB) failed to offer any new stimulus measures to resolve the sovereign crisis in the euro zone.
Rosetta Genomics (ROSG) stock slumped 11.46 percent to $5.10 in pre-market trading. The company announced the pricing of an underwritten public offering of 5,500,000 ordinary shares at a public offering price of $5.00 per share.
Molycorp, Inc. (MCP) stock plunged 9.77 percent to $14.50 in pre-market trading. The company swung to the second quarter net loss of $67.6 million or $0.71 per share compared to the net profit of $47.8 million or $0.53 per share in the same period last year.
Infosys Ltd (INFY) stock slumped 10.68 percent to $35.05 in pre-market trading. Analysts at Zacks reiterated "neutral" rating on shares of INFY Thursday with a price target of $42.00.
Knight Capital Group, Inc. (KCG) shares slumped 8.91 percent to $2.35 in post-market trading. The company stock tumbled nearly 63 percent in regular trading Thursday after it revealed that it would face $440m in pre-tax losses since a major trading technical malfunction caused the prices of 140 stocks listed on the New York Stock Exchange (NYSE) to fluctuate wildly.
Silvercorp Metals Inc. (SVM) stock plunged 4.42 percent to $4.97 in pre-market trading. The company reported the first quarter adjusted net profit of $8.1 million or $0.05 per share, sharply lower from $25.6 million or $0.15 per share in the same quarter last year and also fell short of analysts' estimate of $0.08 per share.
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