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Benzinga’s Top Pre- Market Losers (GIGM, MPEL, GOLD, UAUA, NOK)

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GigaMedia Limited (NASDAQ: GIGM) has decreased $0.24 or 5.78% to $3.91 in the pre-market session after GigaMedia today reported its second and third-quarter 2009 financial results. GigaMedia reported second-quarter revenues of $37.7 million and EBITDA of $2.3 million, and third-quarter revenues of $37.2 million and negative EBITDA of $10 thousand. The 52-week trading range for GIGM is $3.49 - $7.73. So far in 2009, GIGM declined by 25%.

Melco Crown Entertainment Ltd (NASDAQ: MPEL) has decreased by 0.83% to $3.60 in the pre-market session. The 52-week trading range for MPEL is $2.27 - $8.45. In the previous trading session, MPEL closed at $3.63. So far in the current year, MPEL gained 14%.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) has declined by 0.77% to $79.75 in the pre-market session. The 52-week trading range for Randgold Resources is $36.24 - $90.30. So far this year, GOLD is up over 80%.

UAL Corporation (NASDAQ: UAUA) has decreased $0.02 or 0.18% to $11.40 in the pre-market session. The 52-week trading range for UAUA is $3.07 - $12.88. In the last trading session, UAUA closed at $11.42. UAUA gained over 195% in the last six months.

Nokia Corporation (ADR) (NYSE: NOK) has declined by 0.88% to $12.34 after Nokia’s long-term debt rating was today cut to A- from A by Fitch. The 52-week trading range for NOK is $8.47 - $16.58. In the last six months, NOK declined by 15%.

 

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Posted-In: Pre-Market Outlook Trading Ideas