This Day On The Street
Continue to site right-arrow
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!

FireEye Plunges, Yahoo! Dips, Twitter Drops: Tech Premarket

Stocks in this article: FEYE YHOO TWTR AAPL CTSH FB

NEW YORK (TheStreet) - Shares of security specialist FireEye (FEYE), which reported its first-quarter results on Tuesday, plunged 13.95% to $31.95 as investors responded to the company's weaker-than-expected guidance.

In a note released on Wednesday, FBR Capital Markets lowered its FireEye price target to $70 from $105, citing "multiple compression in light of recent market volatility". FBR, however, maintained its 'outperform' rating on the stock.

FireEye was also one of the most active pre-market Nasdaq stocks on share volume of 305,662.

Yahoo! (YHOO) shares dipped 0.08% to $36.46 in pre-market trading. The Internet giant holds a 24% stake in Chinese online retailer Alibaba, which filed its prospectus for an eagerly-anticipated IPO with a $1 billion placeholder on Tuesday.

Sunnyvale, Calif.-based Yahoo! was also one of the most active pre-market Nasdaq stocks on share volume of 643,002.

Facebook (FB) was another active pre-market stock, gaining 0.89% to $59.05 on share volume of 423,448.

Twitter (TWTR) shares dipped 1.1% to $31.50 before market open on Wednesday, just a day after the stock hit an all-time low.

Shares of the micro-blogging site reached $31.72 on Tuesday on the expiration of a six-month lockup period for company insiders and early investors.

Apple (AAPL) shares gained 0.49% to $597.35. The company is reportedly planning a major iPhone promotion at its U.S. Retail Stores this week, said to be the brainchild of its new retail chief Angela Ahrendts.

In an SEC filing earlier this week Apple revealed that Ahrendts had received a stock grant of 113,334 shares, with a value of around $68 million.

Shares of Cognizant (CTSH), which reported its first-quarter results before market open, fell 4.47% to $47.

>>Read More: How Apple Is Going to Give the iPhone a Boost

>>Read More: Apple Hit $600, Now Raise the Target

--Written by James Rogers in New York.

>Contact by Email.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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