NASDAQ STOCK MARKET

Apple Inc.'s (NASDAQ: AAPL) new iOS 5 messaging service, iMessage, is very negative for Research In Motion Ltd. (NASDAQ: RIMM) as it undermines BlackBerry Messenger, an analyst at Jefferies said.

Shares of Apple Inc. (NASDAQ: AAPL) started declining Monday from 1 pm EDT, exactly the start time of its annual worldwide developers conference (WWDC). An appearance by Apple CEO Steve Jobs at WWDC and its announcement failed to boost the company's stock.

The top after-market NASDAQ Stock Market gainers are: Mitcham Industries, Perficient, Zion Oil & Gas, Immersion, and Expedia. The top after-market NASDAQ Stock Market losers are: Life Partners Holdings, G-III Apparel Group, BioMimetic Therapeutics, Velti, Glu Mobile, and Apple.

The top pre-market NASDAQ Stock Market gainers are: SunOpta, EnerNOC, Identive Group, Ness Technologies, BioSante Pharmaceuticals, and Vical. The top pre-market NASDAQ Stock Market losers are: Amedisys, United Therapeutics, Yongye International, Star Scientific, and Corinthian Colleges.

FBR Capital Markets initiated coverage of Capstone Turbine Corp. (NASDAQ: CPST) with an outperform rating and a price target of $2.75, or 68 percent potential upside.

The top pre-market NASDAQ Stock Market gainers are: GT Solar International, DryShips, Tesla Motors, Pharmasset, and Universal Display. The top pre-market NASDAQ Stock Market losers are: Orexigen Therapeutics, DragonWave, VIVUS, Avanir Pharmaceuticals, and Skyworks Solutions.

Jefferies & Co. initiated coverage of Cisco Systems, Inc. (NASDAQ: CSCO) with a hold rating and a price target of $15.75.

The top after-market NASDAQ Stock Market gainers are: MicroStrategy, Fortinet, Universal Display, Team, and Education Management. The top after-market NASDAQ Stock Market losers are: Charming Shoppes, Isle of Capri Casinos, Stereotaxis, Pacific Biosciences of California, and Clearwire.

The top pre-market NASDAQ Stock Market gainers are: Corinthian Colleges, Education Management, Career Education, Strayer Education, Apollo Group, Charming Shoppes, and Lincoln Educational Services. The top pre-market NASDAQ Stock Market losers are: Exide Technologies, Vera Bradley Designs, Ameristar Casinos, AudioCodes, and ARM Holdings.

Barclays Capital said Apple Inc.'s Worldwide Developers Conference (WWDC) keynote to feature Mac OS X Lion, iOS 5, iCloud and Steve Jobs, which could make the conference quite eventful.

The top after-market NASDAQ Stock Market gainers are: SciQuest, CIENA, Velti, Brocade Communications Systems, and ServiceSource International. The top after-market NASDAQ Stock Market losers are: Exide Technologies, Vera Bradley Designs, China-Biotics, United Therapeutics, and Copart.

The top pre-market NASDAQ Stock Market gainers are: Telvent GIT, Orexigen Therapeutics, Daktronics, Golar LNG, and AmTrust Financial Services. The top pre-market NASDAQ Stock Market losers are: Jos. A Bank Clothiers, American Superconductor, RF Micro Devices, Rediff.com India, and ARM Holdings.

The top after-market NASDAQ Stock Market gainers are: SeaChange International, BioSante Pharmaceuticals, Shanda Games, SuperGen, and Micrel. The top after-market NASDAQ Stock Market losers are: American Superconductor, Strategic Diagnostics, AmeriServ Financial, Napco Security Technologies, and United Community Banks.

The top pre-market NASDAQ Stock Market gainers are: Netlist, Optimer Pharmaceuticals, Aeterna Zentaris, Affymax, Star Scientific, Medicines Co., and Canadian Solar. The top pre-market NASDAQ Stock Market losers are: Avago Technologies, RF Micro Devices, Transition Therapeutics, Avanir Pharmaceuticals, and Vodafone Group.

Auriga USA LLC upgraded its rating on shares of Nvidia Corp. (NASDAQ: NVDA) to buy from hold and raised its price target to $24 from $19, as it sees potential for strong growth in Tegra, which may more than offset its flattish GPU business.

Wedbush Securities views recent weakness likely due to concerns and confusion over the AT&T (NYSE: T) renewal, as an opportunistic entry point in shares of Synchronoss Technologies, Inc. (NASDAQ: SNCR). The brokerage reiterated its outperform rating on shares of Synchronoss with a price target of $36.

The top pre-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, rue21, Marvell Technology Group, Magma Design Automation, and Millicom International Cellular. The top pre-market NASDAQ Stock Market losers are: Gordmans Stores, China Information Technology, Blue Coat Systems, OmniVision Technologies, and Glu Mobile.

Barclays Capital said NetApp Inc. (NASDAQ: NTAP) seems poised to outline a compelling story at its June 30 annual meeting in New York. The brokerage reiterated its overweight rating on shares of NetApp with a price target of $67.

Jefferies & Co. expects four potential negative events for Research In Motion Ltd. (NASDAQ: RIMM) shareholders in the next 6 to 12 months. The brokerage reiterated its underperform rating on shares of the BlackBerry maker with a price target of $35.

The top after-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, SeaChange International, rue21, Marvell Technology Group, and Saba Software. The top after-market NASDAQ Stock Market losers are: Gordmans Stores, Blue Coat Systems, OmniVision Technologies, THQ, and China Techfaith Wireless Communication Technology.

The top pre-market NASDAQ Stock Market gainers are: USA Technologies, NetApp, Sequenom, Level 3 Communications, and Akamai Technologies. The top pre-market NASDAQ Stock Market losers are: Elbit Imaging, Rigel Pharmaceuticals, Complete Genomics, CoStar Group, and Shire.