Glu Mobile, Carnival Plc, ARM Holdings, Tesla Motors, Facebook, NuVasive, Frontline Ltd and BP Plc are among the companies whose shares are moving in pre-market trading Thursday.
Glu Mobile Inc. (GLUU) stock climbed 7.66 percent to $4.64 in pre-market trading. Analysts at B Riley reiterated a “buy” rating on the shares of GLUU Wednesday with a price target of $6.50.
Carnival Plc (CUK) stock gained 2.29 percent to $37.95 in pre-market trading. Earlier this week, analysts at Deutsche Bank reaffirmed the “buy” rating on shares of CUK with a price target of $40.00.
ARM Holdings plc. (ARMH) stock gained 1.37 percent to $28.79 in pre-market trading. The stock has a 52-week low of $21.64, a 52-week high of $31.55 and $13.06 billion in market capitalization.
Tesla Motors Inc. (TSLA) stock rose 1.33 percent to $29.69 in pre-market trading. Tesla CEO Elon Musk said Wednesday that the company would pre-pay some of the U.S. Energy Department loans that the California startup used to engineer and produce the Model S sedan.
Facebook Inc. (FB) stock gained 1.01 percent to $22.05 in pre-market trading. The stock has a 52-week low of $17.55, a 52-week high of $45.00 and $46.77 billion in market capitalization.
NuVasive, Inc. (NUVA) stock tumbled 27.39 percent to $16.42 in pre-market trading after lowering its third quarter revenues guidance. The company currently expects third quarter revenue to be about $147 million, which is below the company's previous comments that suggested flat sequential revenue growth compared to $154.4 million in the second quarter 2012 and also fell short of Reuters' estimate of $153.62 million.
Frontline Ltd. (FRO) stock fell 2.62 percent to $3.71 in pre-market trading. The stock has a 52-week low of $2.52, a 52-week high of $9.47 and $296.64 million in market capitalization.
BP, Plc (BP) declined 1.09 percent to $41.79 in pre-market trading. The stock has a 52-week low of $33.62, a 52-week high of $48.34 and $134.17 million in market capitalization.