Benzinga’s Top Pre- Market Gainers (TOL, EDMC, XTO, CERS, MPEL, RFMD)
November 11, 2009 8:49 AM
Toll Brothers, Inc. (NYSE: TOL) rose 7.50% or $1.38 at $19.77 after reporting fourth quarter preliminary results. Revenues for the fourth quarter was $486.6 million, a fall 0f 30% same quarter last year. Analysts Expects TOL to report a loss of $0.37 a share on revenues of $386.2 million.
Education Management Corp (NASDAQ: EDMC) climbed 3.49% to $23.10 after Piper Jaffray initiated coverage on EDMC. Yesterday, EDMC closed at $22.32.
XTO Energy Inc. (NYSE: XTO) jumped 0.31% at $44.76 in the pre-market trading. The 52 week trading range for XTO is $26.35 - $46.49.
Cerus Corporation (NASDAQ: CERS) surged 7.11% to $2.11 in the pre- market trading. CERS has gained over 117% in the last six months.
Melco Crown Entertainment Ltd (NASDAQ: MPEL) gained 4.75% at $4.63 after announcing its earnings release date. MPEL will file its third quarter results for 2009 with the U.S. Securities and Exchange Commission on November 17, 2009.
RF Micro Devices, Inc. (NASDAQ: RFMD) surged 5.28% at $4.39 after RFMD released the RF3931, a 48-volt, 30-watt gallium nitride. So far this year, RFMD gained over 434%.
