The companies whose shares are moving in pre-market trade on Thursday are: Motorola Mobility, Fedex Corp, Nvidia, Nextera Energy, Amgen, Qualcomm, Sanmina-SCI, Sun Bancorp, THQ and Cypress Semiconductor.
Motorola Mobility Holdings Inc (NYSE:MMI) shares climbed 5.53 percent to $25.00 in pre-market trading session. The company will sell a Wi-Fi-only version of its Xoom tablet for $599, starting March 27, matching the price tag of Apple's Wi-Fi-only iPad 2.
Fedex Corp. (NYSE:FDX) shares surged 4.23 percent to $88.89 in pre-market trading session as its fourth quarter earnings guidance beats estimates. It expects fourth quarter earnings to be in the range of $1.66 to $1.83 per share, while analysts’ expected earnings per share of $1.66 per share for the fourth quarter.
Nvidia Corp. (NASDAQ:NVDA) shares advanced 3.76 percent to $18.19 in pre-market trading session on Thursday. The stock has a 52 week low of $8.65 and 52 week high of $26.17 and has $10.18 billion market capitalization.
Nextera Energy Inc. (NYSE:NEE) shares advanced 2.22 percent to $53.77 in pre-market trading session. The company has been named one of the World's Most Ethical Companies by Ethisphere magazine and is one of only 24 companies in the world to have made the list all five years of its existence.
Amgen Inc. (NASDAQ:AMGN) shares advanced 2.49 percent to $54.00 in pre-market trading session. Cost regulators are giving the go-ahead to Amgen's Nplate for use on the National Health Service to treat certain patients with the bleeding disorder immune thrombocytopenic purpura.
Qualcomm Inc. (NASDAQ:QCOM) shares gained 2.46 percent to $51.74 in pre-market trading session after JPMorgan recommended buying on Qualcomm stock as its shares have fallen 14 percent in nine days. The company is in advanced talks with Bhart Airtel to sell its broadband wireless licenses in India for US$1.2billion.
Sanmina-SCI Corp. (NASDAQ:SANM) shares plunged 14.18 percent to $11.50 in pre-market trading session after the company cut its outlook for second quarter. The company lowered its second quarter earnings forecast to be in the range of $0.28 to $0.32, while analysts’ expected earnings of $0.41 per share.
Sun Bancorp, Inc. (NASDAQ:SNBC) shares declined 5.18 percent to $3.11 in pre-market trading session after the company announced plans to sell up to $75M of common stock.
THQ Inc. (NASDAQ:THQI) shares declined 2.81 percent to $4.50 in pre-market trading session.
Cypress Semiconductor Corp. (NASDAQ:CY) shares declined 2.74 percent to $18.08 in pre-market trading session.