Pre-Market Movers (Ultra Petroleum, Groupon, Peabody Energy, Nokia, Facebook, Coca-Cola, AK Steel, Goodrich Petroleum)
Ultra Petroleum, Gentex Corp, Groupon, Peabody Energy, Nokia, AK Steel Holding, Goodrich Petroleum, Facebook and Coca-Cola Co. are among the companies whose shares are moving in pre-market trading Monday.
Ultra Petroleum Corp. (UPL) stock surged 3.87 percent to $20.95 in pre-market trading. The company stock climbed more than 6 percent Friday as energy stocks led the U.S. markets higher on expectations that the major central banks around the world would act to strengthen the global economy.
Gentex Corp. (GNTX) stock gained 3.37 percent to $21.45 in pre-market trading. The stock has a 52-week low of $20.20, a 52-week high of $32.21 and $2.99 billion in market capitalization.
Groupon Inc. (GRPN) stock advanced 2.88 percent to $10.35 in pre-market trading. Investment AB Kinnevik Monday announced that it had divested its direct holding in Groupon, amounting to 8,377,158 shares.
Peabody Energy Corp. (BTU) stock advanced 1.97 percent to $22.18 in pre-market trading. On Friday, analysts at Zacks reiterated neutral rating on shares of Peabody Energy with a price target of $24.00.
Nokia Corp. (NOK) stock gained 1.61 percent to $2.52 in pre-market trading. The company stock was upgraded to perform rating from underperform rating at Oppenheimer & Co Friday.
AK Steel Holding Corp. (AKS) stock advanced 1.13 percent to $5.38 in pre-market trading. A dispute settlement panel at the World Trade Organization in Geneva agreed with the U.S. that China had no legal basis to impose antidumping and countervailing duties on imports of grain-oriented electrical steel from the United States beginning in December 2009.
Goodrich Petroleum Corp. (GDP) stock slumped 13.93 percent to $12.36 in pre-market trading.
Facebook Inc. (FB) stock declined 1.31 percent to $29.62 in pre-market trading. The company had agreed to pay $10 million to charity to settle a lawsuit that accused the site of violating users' rights to control the use of their own names, photographs and likenesses, Reuters reported.
Coca-Cola Co. (KO) stock declined 1.27 percent to $75.12 in pre-market trading. The stock has a 52-week low of $63.34, a 52-week high of $77.82 and $171.66 billion in market capitalization.
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