Semiconductor Manufacturing, Marvell Technology Group, Discover Financial Services, Alcatel Lucent, Seadrill Ltd, BHP Billiton, Research In Motion and Ford Motor are among the companies whose shares are moving in pre-market trading Thursday.
Semiconductor Manufacturing International Corp. (SMI) stock surged 4.39 percent to $2.38 in pre-market trading. The stock has a 52-week low of $1.47, a 52-week high of $2.87 and $1.46 billion in market capitalization.
Marvell Technology Group Ltd. (MRVL) stock surged 2.57 percent to $7.59 in pre-market trading. The company stock tumbled more than 10 percent in regular trading Wednesday after a federal jury ordered Marvel to pay $1.17 billion in damage for infringing patents held by Carnegie Mellon University.
Discover Financial Services (DFS) stock surged 1.70 percent to $38.99 in pre-market trading. The company stock was reiterated with a “buy” rating at Sterne Agee Group Monday with a price target of $45.00.
Alcatel Lucent SA (ALU) stock advanced 1.45 percent to $1.40 in pre-market trading. The stock has a 52-week low of $0.91, a 52-week high of $2.66 and $3.13 billion in market capitalization.
Continue Reading Below
Seadrill Ltd. (SDRL) stock rose 1.33 percent to $37.27 in pre-market trading. Analysts at Deutsche Bank Tuesday reaffirmed a “hold” rating on the shares of SDRL with a price target of $41.00.
BHP Billiton Ltd. (BHP) stock gained 1.29 percent to $77.73 in pre-market trading. The stock has a 52-week low of $59.87, a 52-week high of $82.23 and $123.22 billion in market capitalization.
Research In Motion Ltd. (RIMM) stock declined 1.40 percent to $11.66 in pre-market trading. The company stock climbed more than 11 percent in regular trading Wednesday.
Ford Motor Co. (F) stock declined 0.63 percent to $12.71 in pre-market trading. The company announced Thursday that it planned to invest more than $773 million on new equipment and capacity expansions across six manufacturing facilities in southeast Michigan. The plan is a part of its commitment to invest $6.2 billion in the U.S. plants by 2015 and will generate 2,350 new jobs.