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Market Overview

Benzinga’s Top Pre-Market Gainers (NOK, NFLX, F, SIGA, CY, HBAN)

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Nokia Corporation (ADR) (NYSE: NOK) increased 12.62% to $14.55 after Nokia reported today a fourth-quarter net income of 948 million euros, or 26 euro cents per share, as compared to 576 million euros, or 15 euro cents per share, for the same quarter last year. Sales declined 5.3% to 12 billion euros. The 52-week trading range for NOK is $8.47 - $16.58. Nokia Corporation closed at $12.92 in the previous trading session.

Netflix, Inc. (NASDAQ: NFLX) climbed 18.89% to $60.60 after Netflix announced yesterday that for the first quarter of 2010, it expects revenue to be in between $490 million - $496 million, GAAP net income of to be in the range of $26 million - $32 million and GAAP diluted earnings per share to be in between $0.47 - $0.58. In the previous trading session, NFLX closed at $50.97. Netflix has surged over 67% in the last year.

Ford Motor Company (NYSE: F) jumped 2.77% to $11.87 in the pre-market session. Ford Motor Company reported today a fourth-quarter net income of $868 million, or $0.25 per share, from a loss of around $6 billion, or $2.51 per share, for the same quarter last year. Sales increased by $6.4 billion to $35.4 billion for the quarter. Analysts had expected Ford to report earnings of $0.27 per share on sales of $31.3 billion. The 52-week trading range for Ford is $1.50 - $12.14. Ford Motor closed at $11.55 in the last trading session.

SIGA Technologies, Inc. (NASDAQ: SIGA) moved up 9.52% to $6.79 in the pre-market session. The 52-week trading range for SIGA is $3.80 - $10.09. SIGA Technologies closed at $6.20 in the previous trading session. SIGA has declined by 25% in the last six months.

Cypress Semiconductor Corporation (NASDAQ: CY) surged 3.98% to $11.50 after Cypress Semiconductor announced today a fourth quarter revenue of $194.0 million, as compared to $165.1 million for the same quarter last year. In the last trading session, Cypress Semiconductor closed at $11.06. The 52-week trading range for CY is $4.40 - $11.76.

Huntington Bancshares Incorporated (NASDAQ: HBAN) climbed 3.48% to $5.05 in the pre-market session. Huntington Bancshares Incorporated closed at $4.88 in the last trading session. In the last year, HBAN has gained over 49%. The 52-week trading range for Huntington Bancshares is $1.00 - $6.18.

 

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Posted-In: Pre-Market Outlook Movers