Pre-Market Movers (Urban Outfitters, China Unicom, Nokia, Deutsche Bank, Unilever, Frontline, Groupon, Cummins)

Urban Outfitters, China Unicom, Nokia Corp, Deutsche Bank, Unilever, Frontline, Groupon and Cummins Inc. are among the companies whose shares are moving in the pre-market trading Tuesday.

Urban Outfitters, Inc. (URBN) stock climbed 16.72 percent to $36.51 in pre-market trading. The company reported the second quarter net profit of $61.3 million or $0.42 per share, up from $56.7 million or $0.35 per share in the same period a year ago and also topped Reuters' estimate of $0.33 per share. Revenue rose to $676 million compared to $609 million last year and against analysts' estimation of $671.58 million.

China Unicom Ltd. (CHU) stock surged 3.55 percent to $16.05 in pre-market trading. The company announced Monday that its 3G customers increased by 3.087 million and 2G customers increased by 327,000 in July.

Nokia Corp. (NOK) stock advanced 1.82 percent to $2.80 in pre-market trading. The stock has a 52-week low of $1.63, a 52-week high of $7.38 and $10.30 billion in market capitalization.

Deutsche Bank (DB) stock gained 1.56 percent to $33.20 in pre-market trading. The stock has a 52-week low of $27.03, a 52-week high of $52.54 and $30.00 billion in market capitalization.

Unilever NV (UN) stock gained 1.31 percent to $34.88 in pre-market trading. The company announced the sale of its North America frozen meals business to ConAgra Foods for total cash consideration of $267 million.

Frontline Ltd. (FRO) stock plunged 2.89 percent to $3.69 in pre-market trading.

Groupon Inc. (GRPN) stock fell 1.72 percent to $4.57 in pre-market trading. The company stock was recently downgraded to "hold" rating from "buy" rating at Benchmark Co. with a price target of $7.

Cummins Inc. (CMI) stock fell 1.40 percent to $101.27 in pre-market trading. The stock has a 52-week low of $79.53, a 52-week high of $129.51 and $19.56 billion in market capitalization.