The three most active funds and stocks in pre-market trading on the NYSE were AK Steel Holding Corporation
(NYSE:AKS), SPDR S&P 500 ETF
(NYSEARCA:SPY), and PowerShares KBW Bank
(NYSEARCA:KBWB) as of 9:20 a.m.
Investors exchanged 3.64 million shares of
AK Steel Holding Corporation, which was down $0.16, or 3.98%
. AK Steel announced
yesterday it will sell 22 million shares of common stock at a public offering price of $4.00 per share.
3.33 million shares of
SPDR S&P 500 ETF, which was down $0.09, or 0.07%.
Investors also traded
2.45 million shares of PowerShares KBW Bank, which was virtually unchanged and up only 0.02%
. According to Forbes
, the ETF saw a $17.3 million outflow last week.
(See also: Pre-Market Primer: Jobless Claims Crack 400,000; Eurozone Officially Enters Recession.
No positions in stocks mentioned.