NEW YORK (
(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
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.
(FB - Get Report)
was another active pre-market stock, creeping up 0.88% to $31.08 on share volume of 71,384.
(YHOO - Get Report)
, which confirmed a
massive security breach
on Thursday, rose 0.45% to $15.76 on Friday.
(MSFT - Get Report)
was also a modest gainer, rising 0.31% to $28.72 before market open. Shares of the Redmond, Wash.-based firm closed down 2.29% on Thursday following media reports that the software giant is
to restructure its marketing operation, a move that may include hundreds of layoffs.
Written by James Rogers in New York.
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