Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and moves in shares of Cisco Systems, Inc. (NASDAQ: CSCO), iShares Silver Trust (NYSE: SLV), and Wilshire Bancorp, Inc. (NASDAQ: WIBC).
Cisco Systems, Inc. (NASDAQ: CSCO) is down 4.6% premarket on moderate volume to $16.95, approaching the bottom of its 52-week range of $16.52-$26.80. The company issued disappointing 4Q guidance.
iShares Silver Trust (NYSE: SLV) is down nearly 5% on moderate to heavy volume to $32.72, relative to a 52-week range of $16.94-$48.35. The drop in SLV corresponds with a major drop in the precious metal the ETF follows.
Wilshire Bancorp, Inc. (NASDAQ: WIBC) is down nearly 10% before market open to $2.76, relative to a 52-week range o f $2.98-$11.40. The company issued a public stock offering at $2.75 per share in order to raise $100 million.
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