Pre-Market Movers (eBay, Frontline, Harmony, Annies, Nokia, Joy Global, Banco Santander, Zynga)

By Satya Nagendra Padala | August 29 2012 6:50 AM

eBay Inc, Frontline, Harmony Gold Mining, Annies Inc, Nokia Corp, Joy Global, Banco Santander and Zynga Inc. are among the companies whose shares are moving in pre-market trading Wednesday.

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eBay Inc. (EBAY) stock gained 0.55 percent to $47.20 in pre-market trading. The stock has a 52-week low of $27.41, a 52-week high of $48.08 and $60.49 billion in market capitalization.

Frontline Ltd. (FRO) stock slumped 8.13 percent to $3.39 in pre-market trading. The company reported the second quarter adjusted net loss of $11.2 million or $0.14 per share. The company has also announced that the board expects the operating result in the third quarter to be significantly worse than in the second quarter based on results achieved so far in the quarter and the current outlook.

Harmony Gold Mining Co. (HMY) stock plunged 3.29 percent to $9.11 in pre-market trading. The stock has a 52-week low of $8.64, a 52-week high of $14.64 and $4.07 billion in market capitalization.

Annies Inc. (BNNY) stock plunged 3.29 percent to $40.90 in pre-market trading. The company stock surged nearly 4.5 percent in regular trading Tuesday. Earlier this week, analysts at Credit Suisse initiated coverage on shares of Annies with an "outperform" rating.

Nokia Corp. (NOK) stock declined 2.31 percent to $2.96 in pre-market trading. The company stock slumped nearly 7 percent in regular trading Tuesday on profit booking.

Joy Global Inc. (JOY) stock fell 1.98 percent to $52.02 in pre-market trading. The company reported the third quarter net income of $194 million or $1.82 per share, up from $172 million or $1.61 per share in the same period last year but fell short of analysts' estimation of $1.88 per share.

Banco Santander, S.A. (SAN) stock declined 1.01 percent to $6.87 in pre-market trading. The stock has a 52-week low of $4.88, a 52-week high of $9.32 and $65.48 billion in market capitalization.

Zynga Inc. (ZNGA) stock fell nearly 1 percent to $3.05 in pre-market trading. Zynga's chief creative officer Mike Verdu has quit the company to start his own company, becoming the latest top-level executive to depart the struggling social games maker in past weeks, Reuters has reported.