NEW YORK ( TheStreet) -- Infosys (INFY - Get Report) was one of the big gainers in pre-market trading on Friday, reversing some of the losses that followed the company's first quarter results and weak guidance, announced on Thursday.
Shares of the Indian business and technology consulting specialist rose 2.32% to $39.65. Infosys was also one of the most active pre-market Nasdaq stocks on share volume of 169,337.
Infosys was a big Nasdaq loser on Thursday as investors responded negatively to its results. The Bangalore-based firm saw its shares plunge 11.2% on heavy volume to close at $38.75.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts