NEW YORK (
was one of several stocks trading near $5 poised to move on above-average volume Wednesday after reported a first-quarter loss that came in ahead of analysts' forecasts.
said it had a first-quarter loss of 9 cents a share, narrower than the Thomson Reuters average analyst estimate for a loss of 14 cents a share in the quarter. Sales were down 2.1% from the year-ago quarter to $6.39 billion, which was in line with consensus.
Looking ahead, Rite Aid reaffirmed its earnings and revenue guidance for the full year, saying it expects a loss of 41 cents to 65 cents a share on revenue of $25.2 billion to $25.6 billion. Analysts are looking for a full-year loss of 52 cents a share on revenue of $25.42 billion, according to Thomson Reuters.
Shares of Rite Aid rose by 5 cents, or 5%, to $1.06 in the premarket session. The three-month average daily volume for Rite Aid is 8.01 million, according to Yahoo! Finance.
slipped by 10 cents, or 2.6%, to $3.72 in the premarket session after the company announced a public offering of 100,000 shares of common stock. Net proceeds will be used to finance the acquisition of residential and commercial mortgage-backed securities, mortgage loans and other securities. The three-month average daily volume for Chimera is 15.96 million.
( TOMO) gained 10 cents, or 3.6%, to $2.85 in Tuesday's after-market session after the company said it signed a services deal with
to make its radiation therapy systems available to Amerinet's members. The 50-day average daily volume for TomoTherapy is 248,000, according to the
-- Written by Robert Holmes in Boston
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