Pre-Market Movers (SINA, Allot Comm, Nokia, BP, Mellanox, Molycorp, Facebook, Focus Media)

 
on November 19 2012 6:28 AM
Facebook Logo On Nasdaq Display, Times Square, New York
Facebook logo on Nasdaq's Times Square headquarters site. Reuters

 

SINA Corp, Allot Communications, Nokia Corp, BP Plc, Mellanox, Molycorp, Facebook and Focus Media Holding are among the companies whose shares are moving in pre-market trading Monday.

Sina Corp. (SINA) stock surged 3.17 percent to $46.50 in pre-market trading. The stock tumbled more than 15 percent in regular trading Friday after the company provided the fourth quarter revenue guidance below the analysts’ estimate. Sina Corp expects the fourth quarter adjusted revenue to be in a range of $132 to $136 million, well below the analysts’ estimate of $151.90 million.

Allot Communications Ltd. (ALLT) stock surged 2.88 percent to $20.03 in pre-market trading.  The stock has a 52-week low of $14.44, a 52-week high of $29.05 and $602.60 million in market capitalization.

Nokia Corp. (NOK) stock surged 2.17 percent to $2.83 in pre-market trading. The stock has a 52-week low of $1.63, a 52-week high of $6.58 and $10.37 billion in market capitalization.

BP Plc (BP) stock gained 1.87 percent to $40.78 in pre-market trading. The British oil giant is planning to spend up to 3.7 billion pounds on buying back its shares to revive its share price, the Sunday Times has reported.

Mellanox Technologies Ltd. (MLNX) stock rose 1.81 percent to $83.94 in pre-market trading. The Street Ratings has reiterated a “buy” rating on the shares of MLNX with a ratings score of A-.

Molycorp Inc. (MCP) stock advanced 1.63 percent to $6.23 in pre-market trading. The stock has a 52-week low of $5.75, a 52-week high of $35.79 and $845.71 million in market capitalization.

Facebook Inc. (FB) stock advanced 1.61 percent to $23.94 in pre-market trading. The world’s biggest social network stock surged more than 20 percent last week.

Focus Media Holding Ltd. (FMCN) stock plunged 2.98 percent to $24.10 in pre-market trading. The stock has a 52-week low of $8.79, a 52-week high of $30.08 and $16.06 billion in market capitalization.

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