Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Dendreon Corporation (NASDAQ: DNDN), Kraft Foods Inc. (NYSE: KFT), Kohl’s Corporation (NYSE: KSS), and Zipcar, Inc. (NASDAQ: ZIP).
Dendreon Corporation (NASDAQ: DNDN) is down an incredible 64% before market open to $13.13, well its 52-week range of $31.31-$43.96. The company is under investigation for physician reimbursement, and as a result warned shareholders that “modest” revenue growth was expected.
Kraft Foods Inc. (NYSE: KFT) is up more than 5.5% premarket to $36.20, relative to a 52-week range of $28.85-$36.02. The company issued favorable FY guidance for sales and profit forecasts, and, in a surprise move, announced it would split into two separate entities.
Kohl’s Corporation (NYSE: KSS) is down nearly 6% to $48.75, relative to a 52-week range of $44.07-$58.00. The company reported same-store sales were down 4.6% in July.
Zipcar, Inc. (NASDAQ: ZIP) is up 11.5% premarket to $25.75, relative to a 52-week range of $18.92-$31.50. The company announced Q2 losses that were better than market expectations.
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