Urban Outfitters, China Unicom, Nokia Corp, Deutsche Bank, Unilever, Frontline, Groupon and Cummins Inc. are among the companies whose shares are moving in the pre-market trading Tuesday.
Urban Outfitters, Inc. (URBN) stock climbed 16.72 percent to $36.51 in pre-market trading. The company reported the second quarter net profit of $61.3 million or $0.42 per share, up from $56.7 million or $0.35 per share in the same period a year ago and also topped Reuters' estimate of $0.33 per share. Revenue rose to $676 million compared to $609 million last year and against analysts' estimation of $671.58 million.
China Unicom Ltd. (CHU) stock surged 3.55 percent to $16.05 in pre-market trading. The company announced Monday that its 3G customers increased by 3.087 million and 2G customers increased by 327,000 in July.
Nokia Corp. (NOK) stock advanced 1.82 percent to $2.80 in pre-market trading. The stock has a 52-week low of $1.63, a 52-week high of $7.38 and $10.30 billion in market capitalization.
Deutsche Bank (DB) stock gained 1.56 percent to $33.20 in pre-market trading. The stock has a 52-week low of $27.03, a 52-week high of $52.54 and $30.00 billion in market capitalization.
Unilever NV (UN) stock gained 1.31 percent to $34.88 in pre-market trading. The company announced the sale of its North America frozen meals business to ConAgra Foods for total cash consideration of $267 million.
Frontline Ltd. (FRO) stock plunged 2.89 percent to $3.69 in pre-market trading.
Groupon Inc. (GRPN) stock fell 1.72 percent to $4.57 in pre-market trading. The company stock was recently downgraded to "hold" rating from "buy" rating at Benchmark Co. with a price target of $7.
Cummins Inc. (CMI) stock fell 1.40 percent to $101.27 in pre-market trading. The stock has a 52-week low of $79.53, a 52-week high of $129.51 and $19.56 billion in market capitalization.
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