Pre-Market Movers (Elan Corp, SXC Health, Micron Technology, Alcoa, Veolia, Nokia, Logitech)

By Satya Nagendra Padala: Subscribe to Satya's | July 5, 2012 12:04 PM GMT

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(Photo: Reuters)<br>Nokia corporate image.
(Photo: Reuters)
Nokia corporate image.

Elan Corp, SXC Health Solutions, Micron Technology, Thompson Creek Metals, Alcoa, Veolia Environnement and Nokia and Logitech International are among the companies whose shares are moving in pre-market trading Thursday.

Elan Corp. (ELN) stock surged 3.47 percent to $14.62 in pre-market trading. The stock has a 52-week low of $8.58, a 52-week high of $15.27 and $8.33 billion in market capitalization.

SXC Health Solutions Corp. (SXCI) stock surged 3.24 percent to $100 in pre-market trading. Analysts at JPMorgan Chase initiated coverage on shares of SXCI with an "overweight" rating.

Micron Technology Inc. (MU) stock gained 1.89 percent to $7.02 in pre-market trading. Analysts at Jefferies Group Tuesday reaffirmed "buy" rating on shares of MU. Earlier this week, the company stock was also reiterated with "outperform" rating at RBC Capital.

Thompson Creek Metals Company, Inc. (TC) stock rose 1.80 percent to $3.40 in pre-market trading. Scotia Capital lowered its one-year price target on shares of TC to $7 from $9 citing a wall slough at one of its mines and ore grade issues at another, Financial Post reported Wednesday.

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Alcoa Inc. (AA) stock gained 1.01 percent to $8.99 in pre-market trading. The stock has a 52-week low of $8.21, a 52-week high of $16.60 and $9.49 billion in market capitalization.

Veolia Environnement SA (VE) stock plunged 5.18 percent to $12.09 in pre-market trading. The company stock was downgraded to "sell" rating from "neutral" rating at UBS.

Nokia Corp. (NOK) stock plunged 3.76 percent to $2.05 in pre-market trading. The stock has a 52-week low of $2.11, a 52-week high of $7.38 and $7.98 billion in market capitalization.

Logitech International SA (LOGI) stock declined 3.04 percent to $10.53 in pre-market trading. The stock has a 52-week low of $7.10, a 52-week high of $12.09 and $1.79 billion in market capitalization.

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