We have many stocks on the move this morning pre-market. Some of the big percentage changes are being seen in Ambac Financial Group, Inc. (NYSE: ABK), ChipMOS TECHNOLOGIES LTD. (NASDAQ: IMOS), Deere & Co. (NYSE: DE), Geron Corporation (NASDAQ: GERN), and Hauppauge Digital, Inc. (NASDAQ: HAUP). We have outlined a brief explanation and comparable volume and price data.
Ambac Financial Group, Inc. (NYSE: ABK) is down again after yesterday’s plummet on its losses. Shares are down over 6% at $1.05 on close to 1 million shares in the pre-market session.
ChipMOS TECHNOLOGIES LTD. (NASDAQ: IMOS) is still up and up big after last night’s earnings and guidance surprise. SHares are up 9% at $1.80 but the trading volume is still very thin. Average volume is about 800,000 shares. This one only traded about 10,000 shares last night.
Deere & Co. (NYSE: DE) is up on a down day after beating earnings expectations and after raising guidance. SHares are up 2.8% at $58.80 on over 60,000 shares in the pre-market versus a 52-week range of $34.90 to $63.68. Average volume is over 4 million shares.
Geron Corporation (NASDAQ: GERN), king of the stem cells, is up after it reported data on its small molecule Telomerase Activator in model of idiopathic pulmonary fibrosis. Shares are up 4.8% at $6.68 on about 20,000 shares, which feels like muted volume for a stem cell stock on news.
Hauppauge Digital, Inc. (NASDAQ: HAUP) continues to play the great game of giving back those exponential gains now that reality has set in. Shares closed at $3.07, but are now down over 7% at $2.85 on almost 50,000 shares.
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JON C. OGG
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