Top Stock Movers Before Market Open: DELL, NYCB, HP

The stock market is always in motion, with some companies experiencing significant changes before the market even opens. Today, we highlight three companies making waves: Dell, New York Community Bancorp (NYCB), and Hewlett Packard (HP). Let’s take a closer look at the premarket movements.

New York Community Bancorp (NYCB)

Shares of NYCB fell over 20% following the bank’s disclosure of “internal control” issues. Additionally, the company announced an immediate change in CEO. These announcements have certainly captured investors’ attention.

Dell

Dell, the renowned computer maker, reported impressive fourth-quarter earnings, which beat analysts’ expectations. The company’s revenue also exceeded predictions, leading to a substantial surge of 26% in premarket trading.

Hewlett Packard (HP)

Hewlett Packard experienced mixed results in its first-quarter earnings report. While the company outperformed earnings per share expectations, revenue fell short of Wall Street forecasts. Furthermore, HP’s guidance for the current quarter was weaker than anticipated, resulting in a 4.4% drop in stock value.

These are just a few examples of the premarket movements impacting the stock market today. It’s crucial for investors to stay informed about these developments to make informed decisions.

Disclaimer

This article is for informational purposes only and should not be considered as financial advice. The mentioned companies are used for illustrative purposes only and do not constitute investment recommendations.

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