Pre-market movers on Mar.8 (EXPE, FFIV, NVDA, CRM, URBN, NSM, QCOM, GILD, GILD, ICE)
The companies whose shares are moving in pre-market trade on Monday are: Expedia, F5 Networks, Nvidia Corp, Metlife Inc, Salesforce.com, Urban Outfitters, National Semiconductor, Qualcomm, Gilead Sciences and IntercontinentalExchange.
Expedia Inc. (NASDAQ:EXPE) shares gained 3.29 percent to $21.69 in pre-market trading session on Tuesday. The company stock was upgraded to “buy” rating from “hold” rating at Citi.
F5 Networks Inc. (NASDAQ:FFIV) shares advanced 2.57 percent to $111.49 in pre-market trading session. Oppenheimer reiterated a “market perform” rating on shares of F5 Networks.
Nvidia Corp. (NASDAQ:NVDA) shares gained 1.61 percent to $20.80 in pre-market trading session. The company stock was upgraded to “neutral” rating from “underweight” rating at JPMorgan.
Metlife Inc. (NYSE:MET) shares advanced 1.63 percent to $46.27 in pre-market trading session. The stock has a 52 week low of $35.38 and 52 week high of $48.72 and has $44.92 billion market capitalization.
Salesforce.com Inc. (NYSE:CRM) shares gained 1.39 percent to $129.80 in pre-market trading session. The stock has a 52 week low of $71.20 and 52 week high of $151.26 and has $16.28 billion market capitalization.
Urban Outfitters Inc. (NASDAQ:URBN) shares plunged 12.27 percent to $33.30 in pre-market trading session as its fourth quarter earnings fell short of analysts’ expectations. Its quarterly net income declined to $75.2 million or $0.45 per share compared to $77.7 million or $0.45 per share in the same quarter last year, while analysts’ expected a net profit of $0.52 per share.
National Semiconductor Corp. (NYSE:NSM) shares declined 1.65 percent to $14.89 in pre-market trading session. The company is expected to report third quarter net income of $0.24 per share after market closes on Thursday.
Qualcomm Inc. (NASDAQ:QCOM) shares declined 1.35 percent to $56.80 in pre-market trading session. The company said its board has approved a 13 percent dividend increase 21.5 cents from 19 cents, which would cost the company an additional $165 million a year.
Gilead Sciences Inc. (NASDAQ:GILD) shares declined 1.34 percent to $40.51 in pre-market trading session.
IntercontinentalExchange, Inc. (NYSE:ICE) shares declined 0.59 percent to $133.93 in pre-market trading session. The company stock was downgraded to a “neutral” rating from “Outperform” rating at Macquarie.
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