Pluristem Therapeutics, Facebook Inc, ARM Holdings Plc, Francesca's Holdings Corp, BP Plc, Nokia Corp, Alcatel Lucent SA, Capital One Financial Corp, Netflix and Lennar Corp. are among the companies whose shares are moving in pre-market trading Wednesday.
Pluristem Therapeutics Inc. (PSTI) stock climbed 8.11 percent to $4.53 in pre-market trading. Pluristem announced Wednesday that the company's Placental eXpanded (PLX) cells were successfully administered to a third patient in Hadassah Medical Center; thus, a series of three life saving compassionate use treatments were completed.
Facebook Inc. (FB) stock gained 2.09 percent to $18.10 in pre-market trading. The company stock plunged to a new 52-week low of $17.55 in regular trading Tuesday. Facebook has lost nearly 54 percent of its market value since its initial public offering May 17.
ARM Holdings plc (ARMH) stock advanced 1.85 percent to $25.37 in pre-market trading. The company stock slumped more than 8.5 percent in regular trading Tuesday after it was downgraded to "sell" rating from "hold" rating at Deutsche Bank.
Francesca's Holdings Corp. (FRAN) stock plunged 4.30 percent to $34.52 in pre-market trading. The company stock was downgraded to "hold" rating from "buy" rating at Jefferies. Francesca's announced Tuesday that its chief executive John De Meritt, who helped the women's specialty retailer better understand fast-changing fashion trends, would retire at the end of this year.
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BP Plc (BP) stock plunged 3.92 percent to $40.00 in pre-market trading. The U.S. Justice Department is ramping up its rhetoric against BP Plc for the massive 2010 oil spill in the Gulf of Mexico, describing in new court papers examples of what it calls "gross negligence and willful misconduct". A gross negligence finding could nearly quadruple the civil damages owed by BP under the Clean Water Act to $21 billion, Reuters reported.
Nokia Corp. (NOK) stock plunged 2.83 percent to $2.75 in pre-market trading. The stock has a 52-week low of $1.63, a 52-week high of $7.38 and $10.60 billion in market capitalization.
Alcatel Lucent SA (ALU) stock fell 1.80 percent to $1.09 in pre-market trading. The stock has a 52-week low of $0.99, a 52-week high of $3.66 and $2.52 billion in market capitalization.
Capital One Financial Corp. (COF) stock fell 1.40 percent to $55.70 in pre-market trading. The company announced that stockholder ING Bank N.V. intended to sell all of its approximately 54.0 million shares in Capital One in an underwritten public offering.
Netflix, Inc. (NFLX) stock declined 1.32 percent to $55.19 in pre-market trading. The company stock slumped more than 6 percent in regular trading Tuesday on news that Amazon had struck a multi-year licensing deal with premium cable channel Epix for the right to stream about 2,000 movies.
Lennar Corp. (LEN) stock declined 1.07 percent to $32.51 in pre-market trading. The stock has a 52-week low of $12.14, a 52-week high of $33.14 and $6.22 billion in market capitalization.