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By Satya Nagendra Padala: Subscribe to Satya's RSS feed | August 28, 2012 11:29 AM GMT
Molycorp, Best Buy Co, Aixtron SE, Nokia Corp, Sterlite Industries India, Pluristem Therapeutics, Seadrill and Zynga Inc. are among the companies whose shares are moving in pre-market trading Tuesday.
Molycorp. (MCP) stock surged 3.99 percent to $9.90 in pre-market trading. The company announced Monday the start-up of its new Project Phoenix heavy rare earth concentrate facilities at Mountain Pass, Calif.
Best Buy Co Inc. (BBY) stock surged 2.63 percent to $18.34 in pre-market trading. Best Buy and founder Richard Schulze announced Monday that they had reached an agreement under which Schulze would be granted access to certain due diligence information and permission to form an investment group with private equity sponsors in furtherance of making a fully financed proposal to acquire the company.
Aixtron SE (AIXG) stock gained 1.07 percent $15.12 in pre-market trading. The stock has a 52-week low of $11.18, a 52-week high of $23.07 and $1.51 billion in market capitalization.
Nokia Corp. (NOK) stock plunged 3.08 percent to $3.15 in pre-market trading. The company stock climbed more than 5 percent Monday on hopes that it could benefit from a setback to rival Samsung which has lost a high-profile court case to Apple that could lead to an injunction against some of its products.
Sterlite Industries India Ltd. (SLT) stock plunged 3.51 percent to $7.70 in pre-market trading. The stock has a 52-week low of $6.42, a 52-week high of $12.08 and $6.71 billion in market capitalization.
Pluristem Therapeutics Inc. (PSTI) stock fell 1.76 percent to $3.90 in pre-market trading. The stock has a 52-week low of $1.98, a 52-week high of $5.00 and $177.93 million in market capitalization.
Seadrill Ltd. (SDRL) stock declined 1.35 percent to $40.87 in pre-market trading. The stock has a 52-week low of $24.68, a 52-week high of $42.34 and $19.39 million in market capitalization.
Zynga Inc. (ZNGA) stock fell 1.31 percent to $3.02 in pre-market trading. MURRAY FRANK LLP announced Monday that it had filed a class action complaint in the United States District Court for the Northern District of California captioned Yan v. Zynga Inc. et al., 12 Civ. 4360. The lawsuit is filed on behalf of buyers of securities of Zynga Inc. between Dec. 16, 2011, and July 25, 2012.
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