Premarket Alert: Myriad Genetics (MYGN)
Myriad Genetics (Nasdaq: MYGN) shares are down more than 15 percent on very strong premarket trading volume as of 7:40 a.m. Eastern. The company last night said it expects fiscal Q4 revenue of $86 million, shy of the $91.6 million analysts had anticipated, citing high unemployment and patients cancelling or delaying doctor visits.
Several analysis firms [...]
Premarket Alert: Watch defense contractors on contract news (OSK, FRPT, BAESY, GD, NAV)
Oshkosh Corp. (NYSE: OSK) shares are up more than 20 percent in early premarket trading after the company was awarded a $1.06 billion fixed-price contract to from the U.S. Army for 2,244 MRAP mine-resistant All-Terrain Vehicles for use in Afghanistan. The Pentagon could order thousands more of the vehicles.
Other stocks to watch today on the [...]
Pre-market Alert: Emulex Corp. (ELX)
Emulex Corp. (NYSE: ELX) shares are up more than 2 percent in premarket trading, and are showing some early trading volume. The company’s board said late Monday that it will review the terms of a revised offer from Broadcom Corp. (Nasdaq: BRCM) to buy the company for $11 a share in cash. The stock is [...]
More Detailed Volume Analysis on Insmed (INSM)
Insmed Inc. (Nasdaq: INSM) is getting killed on about 10-times trading volume after only about 50 minutes of trading since the market opened. You can see the full news analysis, plus the question over the CEO stepping down, over at BioHeathInvestor.com, but we wanted to run a more detailed analysis of what happens when Insmed [...]
Price/Volume Alert: First Solar (FSLR)
Shares of First Solar, Inc. (NASDAQ: FSLR) are getting hit to the downside this morning. Because there is still almost two hours until the open and because most NASDAQ quotes are still off screen the volume is still very light. But shares are indicated down almost $4.00 from the $171.19 close on Wednesday. Canaccord Adams [...]
Implanted device market sees hopeful news (BSX)
Boston Scientific (NYSE: BSX) shares are up 7% in strong premarket trading after the company and The University of Rochester Medical Center announced that the landmark MADIT-CRT trial has met its primary endpoint.
The preliminary results showed the cardiac resynchronization therapy defibrillators with a significant 29% reduction in death or heart failure interventions when compared to traditional [...]
RF Micro Devices gains as Jim Cramer trumps analysts (RFMD)
It appears that Cramer trumps the analysts. Despite a UBS downgrade on valuation late yesterday that many are seeing for the first time this morning, RF Micro Devices (Nasdaq - RFMD) is up in strong premarket trading as of 9 a.m. this morning, after the company’s CEO appeared on Cramer’s Mad Money last night, citing strong [...]
Smith & Wesson shares shoot higher (SWHC)
Smith & Wesson (Nasdaq - SWHC) is up 13% after the company guided higher after hours, and several analysts raised estimates for the stock this morning. Troubling times appear to be increasing demand for firearms. There are anecdotal reports in many regions around the country of gun stores posting strong double-digit pistol sales since the [...]
Microsoft rises in premarket, with help from Goldman
Microsoft (Nasdaq - MSFT) is up about 2% in the premarket. Media including Reuters reports that the stock’s price target was raised to $29 from $25 at Goldman Sachs, and it was added to the Americas Conviction Buy list.
Price/Volume Spike Alert: Microsoft (MSFT)
Microsoft Corporation (NASDAQ: MSFT) is trading up almost 2% in the earlybird pre-market hours before the NASDAQ starts updating quotes. We have the market at $23.97 X $24.00 on over 126,000 shares as of 7:40 AM EST. The news is that is one of the top pre-market analyst upgrades and downgrades after Goldman Sachs added [...]
VS Investor RSS Feed