The three most active funds and stocks in pre-market trading on the NYSE were Regions Financial
(NYSE:RF), SPDR S&P 500 ETF
(NYSEARCA:SPY), and Bank of America
(NYSE:BAC) as of 9:20 a.m.
5.45 million shares of Regions Financial, which was down $0.64, or 9.04%.
Regions Financial reported
third quarter financial results. Its net income increased from $101 million, or $0.08 per share, in the prior-year quarter to $301 million, or $0.21 per share.
Investors exchanged 4.26 million shares of
SPDR S&P 500 ETF, which was down $1.43, or 1.00%
. (Also see: Pre-Market Primer: Stocks Fall Despite Positive Housing Trends; Apple to Unveil New iPad.
Investors also traded
2.7 million shares of Bank of America, which was down $0.12, or 1.26%
. According to Bloomberg
, Bank of America CEO Brian T. Moynihan stated that Bank of America has the "top capital" among its peers and is capable of paying a bigger dividend.
No positions in stocks mentioned.