The companies whose shares are moving in pre-market trade on Tuesday are: First Solar, Netflix, MEMC Electronic Materials, U.S. Bancorp, American International Group, Capital One Financial, Motorola Mobility Holdings, Advanced Micro Devices and Jds Uniphase.
First Solar Inc. (NASDAQ:FSLR) shares gained 3.91 percent to $152.65 in pre-market trading session. Solar stocks are gaining the group is being viewed as an alternative to nuclear power as explosions at a nuclear power plant in Japan prompted calls for a review of atomic energy plans.
Netflix Inc. (NASDAQ:NFLX) shares advanced 1.39 percent to $204.00 in pre-market trading session.
MEMC Electronic Materials Inc. (NYSE:WFR) shares gained 1.27 percent to $13.54 in pre-market trading session. The stock has a 52 week low of $9.19 and 52 week high of $16.99 and has $3.08 billion market capitalization.
U.S. Bancorp. (NYSE:USB) shares plunged 9.56 percent to $24.30 in pre-market trading session. The stock has a 52 week low of $20.44 and 52 week high of $28.94 and has $1.03 billion market capitalization.
Capital One Financial Corp. (NYSE:COF) shares slumped 9.08 percent to $44.97 in pre-market trading session. The company said that its annualized net charge-off rate for the month of February declined month-over-month for U.S. credit cards as well as international credit cards.
American International Group Inc. (NYSE:AIG) shares plunged 7.73 percent to $34.60 in pre-market trading on news that the earthquake that devastated Japan caused as much as $35 billion in insured property losses, which would make Friday's quake the costliest ever for the insurance industry, even before the effects of the tsunami are included.
Advanced Micro Devices Inc. (NYSE:AMD) shares declined 6.41 percent to $7.89 in pre-market trading session.
Jds Uniphase Corp. (NASDAQ:JDSU) shares declined 5.26 percent to $20.35 in pre-market trading session. The company stock was upgraded to “buy” rating at Citigroup on Monday.
Motorola Mobility Holdings Inc. (NYSE:MMI) shares declined 4.05 percent to $23.69 in premarket trading session. Analysts at Oppenheimer reiterate a “Outperform” rating for shares of MMI.