Pre-Market Movers (Micronetics, Banco Santander, NVIDIA, Bank of America, QUALCOMM, Perrigo, Nokia)
Among the companies whose shares are moving in pre-market trading Monday are: Micronetics, IntegraMed America, Banco Santander, Mellanox Technologies, NVIDIA, Bank of America, Perrigo, QUALCOMM, Jive Software and Nokia.
Micronetics Inc. (NOIZ) stock rallied 91.99 percent to $14.38 in pre-market session. Mercury Computer Systems, Inc. announced Sunday that it had signed a definitive agreement to acquire Micronetics. Under the terms of agreement, Mercury would acquire Micronetics via merger for $14.80 per share.
IntegraMed America, Inc. (INMD) stock climbed 19.84 percent to $13.59 in pre-market session. The company announced Monday that it had entered into a definitive agreement to be acquired by affiliates formed by Sagard Capital Partners, L.P. for $14.05 per share in cash, or a total equity purchase price of $169.5 million.
Banco Santander S.A. (STD) stock surged 4.75 percent to $6.40 in pre-market session. Banco Santander, one of the Spain's biggest lender, shares rallied as euro zone finance ministers agreed Saturday to lend Spain up to 100 billion euros to restructure its struggling financial intuitions.
Mellanox Technologies Ltd. (MLNX) stock advanced 3.44 percent to $63.76 in pre-market trade. The stock has a 52-week low of $25.81, a 52-week high of $67.20 and $2.50 billion in market capitalization.
NVIDIA Corp. (NVDA) stock gained 3.05 percent to $12.49 in pre-market session. The company stock was upgraded to buy rating from neutral rating at UBS.
Bank of America Corp. (BAC) stock rose 2.12 percent to $7.72 in pre-market trading session. The stock has a 52-week low of $4.92, a 52-week high of $11.25 and $81.47 billion in market capitalization.
Perrigo Co. (PRGO) stock gained 1.75 percent to $108.06 in pre-market session. The company announced that Perrigo Executive Vice President and Chief Financial Officer Judy Brown would be present at the William Blair Growth Stock Conference in Chicago Thursday.
QUALCOMM, Inc. (QCOM) stock advanced 1.60 percent to $59.70 in pre-market session. Berenberg Capital Markets lowered Qualcomm along with Ericsson and Imagination Technologies Group Plc to sell rating from hold rating, citing margin concerns and rising competition, Reuters reported.
Jive Software Inc. (JIVE) stock plunged 4.79 percent to $15.50 in pre-market session. The stock has a 52-week low of $14.18, a 52-week high of $28.15 and $1.01 billion in market capitalization.
Nokia Corp. (NOK) stock declined 1.99 percent to $2.96 in pre-market session. The stock has a 52-week low of $2.61, a 52-week high of $7.38 and $11.31 billion in market capitalization.
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