a few movers pre ETFC
Infinera Corporation (NASDAQ: INFN) shares jumped 15% to $16.56 in pre-market trading after the company reported better-than-expected fourth-quarter earnings.
E* TRADE Financial Corporation (NASDAQ: ETFC) shares surged 6.14% to $24.04 in pre-market trading. E*Trade reported Q4 adjusted earnings of $0.26 per share on revenue of $461 million . Credit Suisse upgraded E*Trade Financial from Neutral to Outperform and raised the price target from $24.00 to $28.00 .
VIVUS Inc. (NASDAQ: VVUS) shares gained 4.65% to $2.70 in the pre-market trading session after dropping 5.15% on Thursday.
Maxim Integrated Products, Inc. (NASDAQ: MXIM) gained 4.51% to $34.50 in pre-market trading after the company reported stronger-than-expected second-quarter earnings.
Starbucks Corporation (NASDAQ: SBUX) shares rose 4.42% to $86.40 in pre-market trading after the company reported in-line earnings for the fiscal first quarter. Starbucks also named Kevin Johnson as President and COO.
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
~ Thomas Sowell