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US Markets closed lower yesterday on a few shake-ups. Earthquakes in Japan and the coast of India increased volatility intraday yesterday. The ECB raised rates as they had announced. To top things off, commodities continue their surge.
Here are a few of today’s most active stocks trading pre-market:
1) Expedia Inc. (NASDAQ:EXPE): Shares of the online travel company are up $2.85 or 12.72% after reporting that their board has preliminarily approved a plan to separate the company into two public entities. The split is scheduled to complete in the third quarter.
2) Tempur-Pedic International Inc. (NYSE:TPX): Shares of the mattress manufacturer are up $5.01 or 9.83% after issuing stellar Q1 guidance and also increased their fiscal year guidance. The positive news came because North American and international results surpassed expectations for the last quarter.
3) SatCon Technology Corp. (NASDAQ:SATC): Shares of the clean energy technology provider are down $0.17 or 4.83% after announcing that Q1 revenue would fall below guidance. The negative news came because of delayed deliveries requested by customers.
4) Seagate Technology PLC (NASDAQ:STX): Shares of the hard drive manufacturer are up $1.11 or 7.56% after reporting the beginning of a dividend. This along with other shareholder improvements were initiated after announcing that they do not plan on going private anymore.
Keep these stocks on your watch list for today’s action! Now check out why Gold Glitters at All-Time Highs as Silver Shines Parabolic.
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