This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

NetApp, Facebook, IBM: Tech Premarket

Stocks in this article: NTAP FB IBM DELL EMC HPQ

NEW YORK ( TheStreet) -- NetApp (NTAP - Get Report) was a big winner before market open on Thursday, climbing 12.09% to $30.40 on share volume of 540,678 following strong quarterly results.

The storage specialist, which competes with EMC (EMC - Get Report) and HP (HPQ - Get Report), comfortably beat Wall Street's earnings estimate in its second-quarter results after market close on Wednesday, and offered healthy guidance.

Facebook (FB - Get Report) was also a gainer, rising 1.03% to $22.59.

The social networking phenomenon's shares surged during Wednesday trading, closing up 12.59%, as a second lockup period for company insiders expired, making some 800 million shares available for trade.

Facebook also unveiled a social jobs app in conjunction with the Department of Labor on Wednesday. The Menlo Park, Calif.-based firm was also the most active premarket tech stocks on share volume of 837,306.

Shares of IBM (IBM - Get Report), which announced a $4 billion financing initiative for business partners' customers early on Thursday, crept up 0.04% to $185.58.

The initiative makes obtaining credit easier, enabling IBM partners such as resellers, distributors and managed service providers to deliver technologies such as cloud and analytics to their customers.

"Businesses large and small are a bit challenged in today's tight credit market," said Mark Hennessy, general manager of Global Business Partners and Midmarket at IBM, in an interview with TheStreet. "We really hope to be able to boost our partners and our clients' business around the world."

IBM has also launched a new mobile app to simplify the way business partners can apply for and clinch financing for their clients.

Dell (DELL - Get Report), which reports its third-quarter results after market close, gained 0.21% to reach $9.60 before market open.

--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

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,590.62 -81.98 -0.46%
S&P 500 2,044.19 -7.63 -0.37%
NASDAQ 4,742.2530 -15.6260 -0.33%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs