Active traders and day traders have many stocks to choose from this Tuesday morning.  We are tracking news and moves in shares of Allied Irish Bank (NYSE: AIB), ARM Holdings PLC (NASDAQ: ARMH), Exelixis, Inc. (NASDAQ: EXEL), Extreme Networks, Inc. (NASDAQ: EXTR), and Level 3 Communications (NASDAQ: LVLT).

Allied Irish Bank (NYSE: AIB) is down 2.6% premarket on light volume to $3.41, relative to a 52-week ran
ge of $2.00-$22.75.

ARM Holdings PLC (NASDAQ: ARMH) is down 2.6% before market open to $27.85, relative to a 52-week range of $9.50-$31.81.

Exelixis, Inc. (NASDAQ: EXEL) is up more than 12% premarket to $12.40, relative to a 52-week range of $2.86-$12.82. The company has hired Goldman Sachs to address any possible takeover attempts in the future.

Extreme Networks, Inc. (NASDAQ: EXTR) is down 17.4% on heavy volume premarket to $2.80, relative to a 52-week range. The telecom company issued disappointing 3Q revenue.

Level 3 Communications (NASDAQ: LVLT) is up 1.76% premarket. Share of LVLT were raised to neutral at UBS.