Among the companies whose shares are moving in pre-market trading Wednesday are: Ares Capital Corp, Alcatel Lucent, FreightCar America, Jive Software, Dell Inc, Renren Inc, BlackRock, Alcoa and Facebook Inc.
Ares Capital Corp (ARCC) stock surged 5.68 percent to $16.00 in pre-market session. The stock has a 52-week low of $12.75, a 52-week high of $17.25 and $3.36 billion in market capitalization.
Alcatel Lucent SA (ALU) stock advanced 4.73 percent to $1.55 in pre-market session. The company Tuesday unveiled a new family of Internet core routers designed to address the major shifts taking place in global networks.
FreightCar America Inc (RAIL) stock advanced 1.27 percent to $20.77 in pre-market session.
Jive Software Inc (JIVE) stock slumped 21.07 percent to $14.01 in pre-market trade. The stock has a 52-week low of $14.18, a 52-week high of $28.15 and $1.10 billion in market capitalization.
Dell Inc (DELL) stock plunged 13.13 percent to $13.10 in pre-market session as its first quarter profit fell short of expectations. The company reported first quarter net profit of $635 million or $0.36 per share, down from $945 million or $0.49 per share in the same period a year earlier. Adjusted net profit was $0.43 per share, down from $0.55 per share last year and also fell short of Reuters estimation of $0.46 per share.
Renren Inc (RENN) stock declined 4.04 percent to $4.51 in pre-market trade. The Chinese social networking website shares are getting hurt as Facebook has begun selling on weakness.
BlackRock Inc (BLK) stock fell 2.49 percent to $159.30 in pre-market session. The company announced the pricing of the secondary offering of 26,211,335 shares of common stock held by Barclays Bank Plc at a price of $160.00 per share.
Alcoa Inc (AA) stock declined 1.88 percent to $8.33 in pre-market session. The stock has a 52-week low of $8.38, a 52-week high of $16.83 and $9.06 billion in market capitalization.
Facebook Inc (FB) stock declined 1.65 percent to $30.49 in pre-market session. The company stock plunged nearly 9 percent Tuesday after a media report showed that Morgan Stanley's consumer Internet analyst, Scott Devitt, trimmed his earnings estimates for Facebook just as the IPO was in its final pricing. Meanwhile, Glancy Binkow & Goldberg LLP, a Los Angeles-based law firm, announced that it had filed a class action lawsuit on behalf of investors who suffered losses in connection with the highly publicized initial public offering of Facebook, Inc.