Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Research in Motion Limited (NASDAQ: RIMM), Harbin Electric, Inc. (NASDAQ: HRBN), Zoran Corporation (NASDAQ: ZRAN).
Research in Motion Limited (NASDAQ: RIMM) is down nearly 16% on heavy volume to $29.70, relative to a 52-week range of $32.67-$70.54. The company cut its guidance severely and announced it would be reducing its workforce significantly.
Harbin Electric, Inc. (NASDAQ: HRBN) is up nearly 19% premarket to $8.30, relative to a 52-week range of $5.82-$25.05. Shares dropped more than 50% yesterday.
Zoran Corporation (NASDAQ: ZRAN) is up nearly 20% premarket to $8.60, relative to a 52-week range of $5.98-$11.35. CSR is buying the company for $484 million.
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