Teva Pharmaceutical Industries, Intel Corp, Watson Pharmaceuticals, Cellcom Israel, Nokia Corp, Banco Santander, Deutsche Bank and Microsoft Corp are among the companies whose shares are moving in pre-market trading Monday.
Teva Pharmaceutical Industries Ltd (TEVA) stock climbed 7.79 percent to $40.97 in pre-market trading. The company announced Saturday that the U.S. District Court for the Southern District of New York had found in favor of Teva in the company's patent infringement lawsuit against Momenta Pharmaceuticals, Inc and Natco Pharmaceuticals regarding Teva's relapsing-remitting multiple sclerosis (RRMS) product, Copaxone.
Intel Corp (INTC) stock surged 6.89 percent to $28.79 in pre-market trading. The stock has a 52-week low of $19.16, a 52-week high of $29.27 and $135.51 billion in market capitalization.
Watson Pharmaceuticals Inc (WPI) stock gained 1.38 percent to $72.00 in pre-market trading. The company stock was upgraded to an outperform rating from market perform rating at Bernstein.
Cellcom Israel (CEL) stock slumped 5.11 percent to $6.50 in pre-market trading. The company announced Monday that the 2012 Annual General Meeting of Shareholders of Cellcom Israel would be held August 7.
Nokia Corp (NOK) stock plunged 5.04 percent to $2.26 in pre-market trading after Nomura analysts lowered Nokia's revenue forecasts. Nomura analysts currently expect NOK's revenue from internet-surfing devices like the Lumia to be around 6 billion euros next year compared to a prior estimation of 10.9 billion euros.
Banco Santander S.A. (SAN) stock plunged 4.27 percent to $6.07 in pre-market trading. The stock has a 52-week low of $5.19, a 52-week high of $11.89 and $57.64 billion in market capitalization.
Deutsche Bank AG (DB) stock declined 3.97 percent to $34.55 in pre-market trading. Last week, Moody's Investors Service downgraded DB's long-term deposit rating to A2 from Aa3 with a stable outlook.
Microsoft Corp (MSFT) stock fell 1.24 percent to $30.32 in pre-market trading. The stock has a 52-week low of $23.79, a 52-week high of $32.95 and $257.91 billion in market capitalization.