Pre-market Movers (Tesla Motors, Green Mountain Coffee, Barnes & Noble, Groupon, Palo Alto, Nokia, Rackspace Hosting, RPC Inc, LivePerson Inc, Digital Realty Trust)

 
on May 09 2013 7:12 AM

Tesla Motors Inc, Green Mountain Coffee Roasters Inc, Barnes & Noble Inc. Groupon Inc, Palo Alto Networks, Nokia Corporation, Rackspace Hosting Inc, RPC Inc, LivePerson Inc, and Digital Realty Trust Inc. are among the companies whose shares are moving in the pre-market trading on Thursday.

Gainers

Tesla Motors Inc. (NASDAQ:TSLA) shares climbed 16.52 percent to $65.00 in pre-market trading after posting its first quarter profit in ten years.  The company reported first quarter profit of $11.25 million, compared to a loss of $89.87 million in the same period last year. Adjusted earnings for the quarter were $15 million or $0.12 per share versus analysts’ estimate of $0.04 per share for the quarter. Revenues increased to $561.79 million from $30.17 million a year ago. Analysts had forecast revenues of $492.02 million. 

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shares rose 16.01 percent to $69.00 in pre-market trading.  Coffee retailer Starbucks Coffee Co. (SBUX) and Green Mountain Coffee Roasters Inc. on Wednesday announced an expansion of their partnership for the manufacturing, distribution, and sale of Starbucks- and-Tazo-branded single serve packs for another five years. The company also reported robust second quarter earnings that rose 42 percent to $132.4 million, or $0.87 a share, from $93 million, or $0.58 a share last year. Analysts had projected an EPS of $0.73.

Barnes & Noble Inc. (NYSE:BKS) stock advanced 15.36 percent to $20.50 in pre-market trading. The company stock has a 52-week low of $11.17, a 52-week high of $19.58 and $1.06 billion in market capitalization.

Groupon Inc. (NASDAQ:GRPN) shares gained 11.27 percent to $6.22 in pre-market trading. The company reported adjusted EPS of $0.03 per share in line with analysts' estimate of $0.03 per share. Revenues rose 7.53 percent to $601.4 million beating analysts’ estimate of $588.92 million.

Palo Alto Networks Inc. (NYSE:PANW) shares went up by 2.76 percent to $51.03 in pre-market trading. Palo Alto shares lost more than 5 percent in regular trading on Wednesday.

Nokia Corporation (NYSE:NOK) stock rose 1.99 percent to $3.59 in pre-market trading. The company stock has a 52-week low of $1.63, a 52-week high of $4.90 and $13.18 billion in market capitalization.

Losers

Rackspace Hosting Inc (NYSE:RAX) stock plummeted 18.36 percent to $42.65 in pre-market trading. The company reported net income of $27.3 million, or $0.19 per share, in comparison to $23.2 million, or $0.17 per share a year ago and analysts’ estimate of $0.20 per share. Revenues rose 20 percent to $362.2 million but landed short of the analysts' forecast of $366.6 million.

RPC Inc (NYSE:RES) stock dropped 16.86 percent to $11.00 in pre-market trading. The company stock has a 52-week low of $9.92, a 52-week high of $17.40 and $2.91 billion in market capitalization.

LivePerson Inc. (NASDAQ:LPSN) shares lost 9.33 percent to $11.56 in pre-market trading. The company reported a loss of $200,000, or break even on a per-share basis, for the quarter ended March 31 compared to net income of $3.1 million, or $0.06 per share reported in its first quarter last year. The adjusted earnings were $0.06 per share on revenues of $42.5 million for the quarter, versus $0.09 per share, last year. Analysts polled by FactSet expected the company to earn adjusted earnings of $0.07 per share on revenues of $42.5 million.

Digital Realty Trust Inc. (NYSE:DLR) stock declined 6.58 percent to $64.48 in pre-market trading. The company stock has a 52-week low of $59.25, a 52-week high of $80.59 and $10.16 billion in market capitalization.

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