Best Buy
Best Buy announced recently its latest promotion in response to the company’s ongoing rivalry with online competitors such as Amazon and Ebay. Reuters

Silver Standard Resources, UBS AG, Deutsche Bank, Royal Caribbean Cruises, SINA Corp, Best Buy Co, Qiagen N.V., New York Mortgage Trust and American Capital Agency Corp. are among the companies whose shares are moving in the pre-market trading on Tuesday.

Gainers

Silver Standard Resources Inc. (NASDAQ:SSRI) stock climbed 12.52 percent to $8.00 in pre-market trading. The stock has a 52-week low of $6.50, a 52-week high of $16.92 and $574.16 million in market capitalization.

UBS AG (NYSE:UBS) stock surged 5.72 percent to $17.74 in pre-market trading. Its first quarter net profit declined to 988 million Swiss francs or 0.26 Swiss francs per share from 1.04 billion Swiss francs or 0.27 Swiss francs per share in the same period last year but topped analysts’ estimate of 0.14 Swiss francs per share.

Deutsche Bank AG (NYSE:DB) stock surged 5.63 percent to $46.32 in pre-market trading. The company stock was upgraded to “overweight” rating from “neutral” rating at JP Morgan.

Royal Caribbean Cruises Ltd. (NYSE:RCL) stock gained 1.60 percent to $36.82 in pre-market trading. The stock has a 52-week low of $22.12, a 52-week high of $38.56 and $7.95 billion in market capitalization.

SINA Corp. (NASDAQ:SINA) stock advanced 1.45 percent to $55.83 in pre-market trading. The company announced on Monday that Alibaba, through a wholly owned subsidiary, agreed to buy 18 percent stake in SINA Corp’s Weibo. SINA has also granted an option to Alibaba to boost its stake to 30 percent.

Best Buy Co. Inc. (NYSE:BBY) stock rose 1.28 percent to $24.51 in pre-market trading. The company announced on Tuesday that it has entered into a definitive agreement for the sale of its 50 percent interest in Best Buy Europe, the joint venture it created in 2008 with Carphone Warehouse Group Plc (CPW).

Losers

Qiagen N.V. (NASDAQ:QGEN) stock plunged 5.06 percent to $19.71 in pre-market trading. Its first quarter net profit declined to $20 million or $0.08 per share from $28.6 million or $0.12 per share in the same period last year. Quarterly revenues rose to $303.6 million compared to $296.4 million last year but fell short of analysts’ estimate of $305.50 million.

New York Mortgage Trust Inc. (NASDAQ:NYMT) stock plunged 3.12 percent to $7.15 in pre-market trading. The company announced that it plans to make a public offering of 13,600,000 shares of its common stock.

American Capital Agency Corp. (NASDAQ:AGNC) stock declined 1.69 percent to $32.61 in pre-market trading. The stock has a 52-week low of $28.08, a 52-week high of $36.77 and $11.24 billion in market capitalization.