Pre-Market Movers (Rimage Corp, Zynga, Starbucks, Facebook, RADVISION, SAP, Deutsche Bank)

By Satya Nagendra Padala | June 05 2012 7:21 AM

Among the companies whose shares are moving in pre-market trading Tuesday are: Rimage Corp, Brookfield Asset Management, Zynga, RADVISION, Starbucks, PT Telekomunikasi, Facebook, Deutsche Bank and SAP AG.

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Rimage Corp (RIMG) advanced 2.42 percent to $7.62 in the pre-market session. The company announced that Qumu, a wholly owned subsidiary of RIMG, has partnered with one of its key managed service providers to close a multi-year, multi-million dollar contract with a Fortune 50 corporation.

Brookfield Asset Management Inc (BAM) stock advanced 2.41 percent to $31.00 in the pre-market session. The stock has a 52-week low of $24.42, a 52-week high of $33.70 and $18.71 billion in market capitalization.

Zynga, Inc (ZNGA) stock rose 0.70 percent to $5.75 in the pre-market session. The stock has a 52-week low of $5.65, a 52-week high of $15.91 and $4.21 billion in market capitalization.

RADVISION LTD (RVSN) stock advanced 0.59 percent to $11.84 in the pre-market session. The company announced that it completed its previously announced sale to Avaya, pursuant to the Merger Agreement, dated as of March 14, 2012, by and among Avaya Inc.

Starbucks Corp (SBUX) stock fell 2.04 percent to $52.80 in the pre-market trade. The company announced Monday that it has entered into a definitive agreement to acquire the San Francisco-based Bay Bread, LLC and its La Boulange bakery brand, as well as hire the renowned French baker Pascal Rigo.

PT Telekomunikasi Indonesia (TLK) stock fell 2.16 percent to $31.75 in the pre-market session.

Deutsche Bank AG (DB) stock declined 1.52 percent to $33.75 in the pre-market session. The stock has a 52-week low of $28.57, a 52-week high of $61.23 and $31.61 billion in market capitalization.

SAP AG (SAP) stock fell 1.23 percent to $54.73 in the pre-market session. The stock has a 52-week low of $47.39, a 52-week high of $72.52 and $65.96 billion in market capitalization.

Facebook Inc (FB) stock declined 0.37 percent to $26.80 in the pre-market session. The company stock plunged nearly 3 percent Monday after analysts’ at Sanford C. Bernstein & Co. initiated coverage on shares of FB with an “underperform” rating and set price target of $25.