Top Pre-Market Movers (Telecom Italia, Rio Tinto, Barclays, ArcelorMittal, Cliffs, J.C. Penney, Diageo, Protective Life, Ford Motor)

 
on April 09 2013 6:57 AM

Telecom Italia S.p.A., Rio Tinto Plc., Barclays Plc, ArcelorMittal, Cliffs Natural Resources Inc, J.C. Penney Company Inc., Diageo Plc, Protective Life Corp. and Ford Motor Company are among the companies whose shares are moving in the pre-market trading Tuesday.

Gainers

Telecom Italia S.p.A. (NYSE:TI) shares surged 4.58 percent to $7.77 in pre-market trading. The company shares surged after media reports citing a person familiar with the matter stated that Telecom Italia S.p.A. board will talk about a possible merger of its cellphone division with the Italian mobile business of Hong Kong conglomerate Hutchison Whampoa.  

Rio Tinto Plc. (NYSE:RIO) stock rallied 3.18 percent to $47.43 in pre-market trading. The stock has a 52-week low of $41.59, a 52-week high of $60.45 and $84.91 billion in market capitalization.

Barclays Plc (NYSE:BCS) advanced 2.45 percent to $17.57 in pre-market trading.  The stock has a 52-week low of $9.23, a 52-week high of $20.60 and $55.14 billion in market capitalization.

ArcelorMittal (NYSE:MT) stock went up by 1.80 percent to $12.04 in pre-market trading. The stock has a 52-week low of $11.87, a 52-week high of $18.32 and $18.95 billion in market capitalization.

Cliffs Natural Resources Inc. (NYSE:CLF) stock gained about 1 percent to $18.96 in pre-market trading. The stock has a 52-week low of $17.95, a 52-week high of $71.60 and a market capitalization of $2.68 billion.

Losers

J.C. Penney Company Inc. (NYSE:JCP) shares tumbled 5.73 percent to $14.96 in pre-market trading. The company announced Monday that its CEO Ron Johnson is moving out and Mike Ullman will rejoin the company as CEO, receiving an annual base salary of $1 million. 

Protective Life Corp. (NYSE:PL) stock declined 2.14 percent to $34.25 in pre-market trading. The company stock has a 52-week low of $24.67, a 52-week high of $36.50 and $2.74 billion in market capitalization.

Diageo Plc (NYSE:DEO) stock plummeted by 1.85 percent to $120.98 in pre-market trading. The company stock has a 52-week low of $92.55, a 52-week high of $127.51 and $77.32 billion in market capitalization.

Ford Motor Company (NYSE:F) dropped over 1 percent to $12.65 in pre-market trading. The company stock has a 52-week low of $8.82, a 52-week high of $14.30 and $50.13 billion in market capitalization.

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