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

Oracle, Facebook, Cisco: Tech Pre-Market

NEW YORK ( TheStreet) -- Oracle (ORCL - Get Report) shares tumbled 8.04% to $30.54 before market open on Friday as investors responded to the database giant's fourth-quarter results, released late on Thursday.

Despite meeting analysts' earnings expectations, announcing a dividend hike and an extension to its share buyback program, Oracle reported disappointing and revenue growth. Oracle was also the most active pre-market Nasdaq stock on share volume of 3,335,828.

Facebook (FB - Get Report), however, was a gainer, rising 2.09% to $24.40 just a day after the social networker announced that its Instagram platform will be getting a video component.

The Menlo Park, Calif.-based firm was another active pre-market Nasdaq stock on share volume of 654,554.

Micron Technology (MU - Get Report) was another pre-market riser, adding 1.74% to reach $13.77, while Sirius XM (SIRI - Get Report) rose 1.25% to $3.31.

Shares of Cisco, which announced a deal to acquire data virtualization Composite Software on Thursday, dipped 0.68% to $24.27.

--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
CSCO $29.07 0.62%
FB $81.29 -0.76%
MU $29.10 -0.56%
ORCL $43.66 0.11%
SIRI $3.89 -1.50%

Markets

DOW 18,009.08 -28.89 -0.16%
S&P 500 2,102.20 -6.72 -0.32%
NASDAQ 5,035.03 -25.2160 -0.50%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs