Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Alcatel-Lucent (NYSE: ALU), ARM Holdings PLC (NASDAQ: ARMH), Limelight Networks (NASDAQ: LLNW), and Obagi Medical Products, Inc. (NASDAQ: OMPI).
Alcatel-Lucent (NYSE: ALU) is down nearly 6% premarket to $5.89, relative to a 52-week range of $2.25-$6.63. The company recently issued its outlook for 2011.
ARM Holdings PLC (NASDAQ: ARMH) is up 3% premarket on moderate volume to $28.47, relative to a 52-week range of $9.50-$32.18.
Limelight Networks (NASDAQ: LLNW) is up 5% premarket to $6.70, relative to a 52-week range of $6.26-$6.59. The company released earnings showed a loss below street expectations, but 2Q guidance above expectations.
Obagi Medical Products, Inc. (NASDAQ: OMPI) is up 26% premarket to $9.51, relative to a 52-week range of $9.58-$14.20. The company issued Q2 guidance well below expectations.
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