The Intel-McAfee deal already has the primary move taken care of, but the data-security peers are the ones to watch. Symantec Corporation (NASDAQ: SYMC) is a very troubled company with data security and storage, and its shares are now up 12% at $14.18 in the pre-market trading. Check Point Software Technologies Ltd. (NASDAQ: CHKP) is also up 5.4% at $36.14 in pre-market trading.
Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting squeezed this morning and shares are down 6.8% at $4.79 on more than 600,000 shares. This is worse than last night when Brocade went out in the after-hours session down 4.67% at $4.90 on 874,644 shares.
BSD Medical Corporation (NASDAQ: BSDM) is seeing a second day win after yesterday’s news of an FDA Approval that sent shares up about 100%. Shares are up another 6% at $3.15 on over 400,000 shares.
MannKind Corporation (NASDAQ: MNKD) is trading up almost 4% at $6.20 on about 200,000 shares after pricing $100 million in senior convertible notes amd entering into a share sale and share lending agreement. The secondary sale was at $5.55 versus a close of $5.97 yesterday.
NetApp Inc. (NASDAQ: NTAP) is down 3.1% this morning from $39.32 to $38.09 in pre-market trading on active volume after earnings disappointed.
PetSmart, Inc. (NASDAQ: PETM) is trading up after earnings and strong guidance and after Goldman maintained a neutral rating but raised the price target. Shares are seeing thin volume but the first indication was up almost 7% at $32.23. This one went out in the after-hours session last night up 7.2% at $32.33 on 144,000 shares.
StemCells Inc. (NASDAQ: STEM) is on the move after positive stem cell data in paralysis. Shares are up 24% at $1.08 on over 550,000 shares. Average volume is only 723,000 shares and a 52-week range of $0.84 to $1.79.
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