Hauppauge Digital HAUP dropped over 6.5% to $3.07 amidst high volatility in the pre-market session. Shares of HAUP jumped 281% last week to a 52-week high of $4.85, after the world's leading developer and manufacturer of TV tuner products for personal computers launched live TV support for iPad, iPhone and iPod touch. The 50-day average daily volume for HAUP is 1.07 million.
Bank of Ireland IRE shares tumbled for a second day today after the bank announced yesterday that its shareholders have approved a €3.5 billion capital-raising program. IRE, after losing more than 18% yesterday, fell 10.7% to $5.09 in the pre-market session. The company has a three-month average daily volume of 2.07 million.
Navios Maritime Holdings NM announced the sale of the Navios Pollux, a 2009 South-Korean-built Capesize vessel to Navios Maritime Partners NMM for $110 million. The stock fell 5% to $5.20 on the news in the after-hours session Thursday and was trading at $5.37, down 1.47% by 10:03 am today. NM has a three-month average daily volume of 775,000.
Brocade BRCD announced a Q2 adjusted profit of $0.13 a share, beating analyst expectations by $0.01 a share. However, revenue fell 1% to $501 million from last year and missed the $503.16 million consensus target. Following the news, Goldman Sachs GS cut BRCD from “buy” to “neutral.” Shares of BRCD plunged 8.9%, to $5.35 in the pre-market session. The 50-day average daily volume for Brocade is 18.61 million.
Read more from Benzinga's Markets.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: EarningsNewsPre-Market OutlookIntraday UpdateMarketsMoversCommunications EquipmentComputer Storage & PeripheralsDiversified BanksEarly Volume PlaysFinancialsGoldman SachsIndustrialsInformation TechnologyInvestment Banking & BrokerageMarine
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in