Market Overview

Stocks To Watch For December 21, 2012

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Some of the stocks that may grab investor focus today are:

Research In Motion (NASDAQ: RIMM) reported a narrower-than-expected third-quarter loss. However, the company reported a drop in its subscriber base. Research In Motion shares tumbled 8.99% to $12.85 in the after-hours trading session.

Red Hat (NYSE: RHT) posted better-than-expected third-quarter revenue and announced its plans to buy privately held ManageIQ for $104 million in cash. Red Hat shares jumped 6.99% to $56.29 in after-hours trading.

Wall Street expects Walgreen Co (NYSE: WAG) to report its Q1 earnings at $0.70 per share on revenue of $17.45 billion. Walgreen shares rose 0.29% to $37.66 in after-hours trading.

Nike (NYSE: NKE) reported upbeat second-quarter net income. Nike shares surged 4.75% to $103.70 in the after-hours trading session.

Micron Technology (NASDAQ: MU) posted a lower fiscal first-quarter revenue. Micron shares dropped 2.65% to $6.61 in after-hours trading.

Posted-In: Stocks To WatchEarnings News M&A Pre-Market Outlook Markets Trading Ideas

 

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