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) --


(HPQ) - Get HP Inc. Report

was a big winner in premarket trading on Thursday as investors responded to the No.1 PC maker's strong

second-quarter results


The Palo Alto, Calif.-based firm brought in revenue of $30.7 billion and earnings of 98 cents a share, compared to sales of $31.6 billion and earnings of $1.24 a share in the same period last year. Analysts surveyed by

Thomson Reuters

were looking for sales of $29.92 billion and earnings of 91 cents a share.

HP on Wednesday also announced plans to cut 27,000 jobs, or 8% of its work force, by 2014. HP expects to save between $3 billion and $3.5 billion from the cuts by the end of fiscal 2014.

Shares of HP rose 8.4% to $22.85 before market open.

Storage specialist


(NTAP) - Get NetApp, Inc. Report

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, which reported its fourth-quarter results after market close on Wednesday, was a big loser after issuing tepid first-quarter guidance. NetApp shares plunged 14.33% to $28.15. The Sunnyvale, Calif.-based company was also the most active


stock on share volume of 2,446,554.


(FB) - Get Meta Platforms Inc. Class A Report

was another active Nasdaq stock. Shares of the newly public social networker rose 1.78% to $32.57 on share volume of 721,452.


(AAPL) - Get Apple Inc. Report

shares rose 0.67% to $574.39 on volume of 173,707.

--Written by James Rogers in New York.

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