This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Apple, EMC, Broadcom: Tech Premarket

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) was a big loser in premarket trading on Wednesday as investors digested the company's second-quarter results.

The iPhone maker's shares fell 3.25% to $392.95. Apple was also one of the most active premarket Nasdaq stocks on share volume of 1,479,963.

As well reporting its quarterly results on Tuesday, Apple announced plans to buy back an additional $50 billion in stock while raising its dividend by 15%.

ARM Holdings (ARMH) was another loser, slipping 2.31% to $45.25, while Cisco (CSCO - Get Report) was off 1.96% at $20.50.

AT&T (T - Get Report) shares were off 4.28% to $37.33, weighed down by the company's first-quarter revenue miss on Tuesday.

EMC (EMC - Get Report) was also a laggard, slipping 1.7% to $21.98 after its first-quarter numbers came in below Wall Street's top- and bottom-line forecasts. The storage maker reported its results before market open on Wednesday.

Broadcom (BRCM - Get Report), however, was a big winner, rising 5.06% to $34.65, lifted by the company's strong first-quarter results on Tuesday. The chip maker was another active pre-market Nasdaq stock on share volume of 224,198.

--Written by James Rogers in New York.

>To submit a news tip, send an email to: tips@thestreet.com

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
BRCM $43.59 0.00%
CSCO $27.92 0.00%
EMC $26.61 0.00%
T $32.51 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs