Shares of LinkedIn, a professional networking site, soared as high as $122 on its first day of trading on New York Stock Exchange.
Shares of LinkedIn soared as high as $122 on its first day of trading on New York Stock Exchange, bringing back memories of tech bubble in late 1990s when investors lapped up internet firms.
The top after-market NYSE gainers on Thursday are: Barnes & Noble, Foot Locker, Zuoan Fashion, Salesforce.com and Hypercom Corp. The top after-market NYSE losers are: Gap, Inc, Aeropostale, Graphic Packaging, Bridgepoint Education, Vanceinfo Technologies and LinkedIn Corp.
Shares of LinkedIn (NYSE: LNKD), the most highly anticipated initial public offering of the year, have almost doubled in value on their first day of trading.
The companies whose shares are moving in pre-market trade on Wednesday are: Eastman Kodak, PetSmart, Eaton, First Majestic Silver, Salesforce.com, Big Lots, Advance Auto Parts, Merck & Co, Applied Materials and Intel Corp.
Mountain View-based social networking site for professionals, LinkedIn has priced its IPO at the higher end $45 a share, making it the biggest US Internet IPO since Google went public and indicates the voracious investor appetite for social networking sites.
The top after-market NYSE gainers on Wednesday are: Niska Gas Storage Partners, K-V Pharmaceutical, First Majestic Silver Corp, Limited Brands and Eastman Kodak Co. The top after-market NYSE losers are: Advance Auto Parts, SouFun Holdings, Heckmann, Pier 1 Imports and Omnicare.
Stocks rallied broadly today supported by a surge in commodity prices.
Mark Carney, a former Goldman Sachs employee and the current Governor of Bank of Canada, is a huge commodities bull.
The companies whose shares are moving in pre-market trade on Wednesday are: Safeguard Scientifics, Jaguar Mining, Analog Devices, Abercrombie & Fitch, NYSE Euronext, Titanium Metals, BJ's Wholesale Club, Target, Nvidia, Hewlett-Packard and Apollo Group.
The top after-market NYSE gainers on Tuesday are: Jaguar Mining, Radian Group, Analog Devices, Safeguard Scientifics and DCT Industrial Trust. The top after-market NYSE losers are: Venoco, Walter Energy, Continental Resources, Cenovus Energy and Talbots.
U.S. stocks declined in early trade on Tuesday as weaker-than-expected housing data and disappointing results from Hewlett-Packard weighed on the sentiment.
The companies whose shares are moving in pre-market trade on Tuesday are: VF Corp, Domino's, Saks, Cliffs Natural Resources, Carnival, Diamond Offshore Drilling, Douglas Dynamics, Hewlett-Packard, Western Refining and Phoenix New Media Ltd.
The top after-market NYSE gainers on Monday are: Gushan Environmental Energy, China Digital TV Holding, Phoenix New Media, Gammon Gold and Beazer Homes USA. The top after-market NYSE losers are: Douglas Dynamics, Western Refining, Hewlett-Packard, Endeavor International Corp and Gerdau S.A.
The top pre-market NASDAQ Stock Market gainers are: CNinsure, Telestone Technologies, EnerNOC, Tranzyme and SIGA Technologies. The top pre-market NASDAQ Stock Market losers are: Sina Corp, ANADIGICS, ARM Holdings, NASDAQ OMX Group and Baidu.
Following are the Oppenheimer's top equity ideas for May. The stocks are based on their view of the company's fundamentals in the context of current market conditions.
The companies whose shares are moving in pre-market trade on Monday are: Ford Motor, Caterpillar, Sandisk, NYSE Euronext, Lowes Companies, Advanced Micro Devices, Peabody Energy and Carnival Corp.
The companies whose shares are moving in pre-market trade on Friday are: Eastman Kodak, Tyco International, Dean Foods, Agilent Technologies, Dillard's, Aetna, General Mills, Valero Energy, El Paso Pipeline, Lexington Realty and Robert Half International.
The top after-market NYSE gainers on Thursday are: Darling International, Eastman Kodak, Novartis AG, Giant Interactive Group, First Majestic Silver and Venoco. The top after-market NYSE losers are: Scorpio Tankers, El Paso Pipeline Partners, Lexington Realty Trust, Tower International, Nordstrom and H&R Block.
Stocks, led by defensive shares, rebounded from prior session losses, as commodities also clawed back higher.
U.S. stocks declined in early trade on Thursday as disappointing outlook from Cisco Systems and lower commodity prices weighed.
The companies whose shares are moving in pre-market trade on Thursday are: Flotek Industries, Symantec Corp, CVS Caremark, TJX Companies, Northstar Realty Finance, Silvercorp Metals, Cisco Systems, Nvidia, Emerson Electric, AU Optronics and Iamgold Corp.
