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Groupon and Allscripts Healthcare Solutions Among Most Active Stocks in Nasdaq Pre-Market

By Christopher Witrak  NOV 09, 2012 9:20 AM

Sirius XM Radio was down this morning.

 


MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Groupon (NASDAQ:GRPN), Allscripts Healthcare Solutions (NASDAQ:MDRX), and Sirius XM Radio (NASDAQ:SIRI), and  as of 9:10 a.m.

Investors exchanged 5,109,552 shares of Groupon, which was down $0.87, or 22.19%. Groupon released its third quarter financial results yesterday. The company reported a net loss of $2.98 million. Analysts at Morgan Stanley (NYSE:MS) downgraded Groupon from overweight to equal weight.

Investors also traded 2,747,092 shares of Allscripts Healthcare Solutions, which was down $0.66, or 5.38%. According to Bloomberg, Allscripts is considering a sale of the company after it reported its third-quarter revenue declined. The company reported a third-quarter net income of $9.4 million, or $0.05 per share, compared with $19.1 million, or $0.10 per share, in the prior-year quarter.

Investors traded 1,453,773 shares of Sirius XM Radio, which was down $0.01, or 0.37%.

(Also see Pre-Market Primer: Focus Shifts to Fiscal Cliff, and Greece Might Go Broke.)
 
Twitter: @ChrisWitrak
No positions in stocks mentioned.