Investing
Top Active Trader Alerts (AKAM, CRUS, CTXS, CROX, EA, EQIX, HTWR, HRB, LOGI, NUAN, SKX, STMP, TQNT, XLNX)
Published:
Last Updated:
There are many stocks on the move this morning and most are due to the endless reports of earnings. This Thursday morning’s top pre-market winners and losers are the following:
Akamai Technologies, Inc. (NASDAQ: AKAM) is down 5.5% this morning at $36.60 on over 100,000 shares. The media and content accelerator beat earnings estimates even though earnings were down 15%. Despite a revenue gain, the company announced that its CEO would step down from the company by the end of 2013.
Cirrus Logic, Inc. (NASDAQ: CRUS) rose 11% ahead of the close to $23.09 today, but shares are up another 8% or so on over 500,000 shares since the market closed after reporting revenues and earnings ahead of estimates. This will mark a 52-week high.
Citrix Systems, Inc. (NASDAQ: CTXS) beat earnings and raised guidance; the stock was up 6.5% last night and shares are now up 8.3% at $23.09 on almost 50,000 shares.
Crocs, Inc. (NASDAQ: CROX) had a 32% earnings gain is being trumped with an outlook that is not as robust as investors were hoping. Shares were down over 8% last night but the stock is down only about 4.5% at $21.04 this morning.
Electronic Arts Inc. (NASDAQ: EA) is trading up almost 8% at $16.20 and we have seen almost 500,000 shares trade hands. There is a rumor of a buyout or of some sort of deal involving the company but details are not that clear as of yet.
Equinix, Inc. (NASDAQ: EQIX) won on an earnings gain yet again and shares were up 7.6% last night; now shares are up 8.5% at $162.21 and that is a new 52-week high above $161.56 if it holds.
Heartware International, Inc. (NASDAQ: HTWR) is up over 15% at $80.10 on more than 100,000 shares; the company received a favorable FDA Advisory Committee vote for its Ventricular Assist System to bridge transplant for patients with end-stage heart failure.
H&R Block, Inc. (NYSE: HRB) claimed a record year in total tax clients the company is shedding some 350 jobs and is shutting some 250 stores in order to save money. Shares were down over 10% last night and are now down 13.9% at $14.41 pre-market.
Logitech International SA (NASDAQ: LOGI) reported earnings, but this is up because of a change made in its executive management in what investors will hope is a solid turnaround. Shares are up over 13% at $8.85 in thin pre-market trading.
Nuance Communications, Inc. (NASDAQ: NUAN) issued guidance that appears to be above expectations and shares are continuing their surge. This is up almost 13% on almost 200,000 shares pre-market.
Skechers U.S.A., Inc. (NYSE: SKX) is up 16% at $17.34 in thin pre-market trading despite a huge drop in sales and despite a loss as the cleaning out of inventory and restructuring is taking hold with pairs sold on the rise.
Stamps.com Inc. (NASDAQ: STMP) is up 11.3% at $31.50 in thin volume pre-market after it grew handily: 27% in its core PC postage revenues and up 41% in non-GAAP earnings per share.
TriQuint Semiconductor, Inc. (NASDAQ: TQNT) rose over 7% yesterday as an Apple-winner, but shares are down huge as guidance fell short of estimates. Maybe Apple drove too hard of a bargain. The drop was over 13% last night and the drop this morning is 14.6% at $4.71 on over 350,000 shares.
Xilinx, Inc. (NASDAQ: XLNX) showed a net income drop but its outlook for the current quarter is signaling improvements are on the way. Shares were up over 7% last night and that is the same today with a gain of 7.36% to $36.85 on more than 50,000 shares in the pre-market.
JON C. OGG
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.