The three most active funds and stocks in pre-market trading on the NYSE were Knight Capital Group
(NYSE:KCG), SPDR S&P 500 ETF
(NYSEARCA:SPY), and Bank of America
(NYSE:BAC) as of 9:25 a.m.
Investors exchanged 5.67 million shares of
Knight Capital Group, which was up $0.54, or 18.18%
. According to Reuters
, trading firm Getco Holding has offered to take control of Knight Capital for $3.50 per share.
2.65 million shares of SPDR S&P 500 ETF, which was down $0.57, or 0.41%.
Investors also traded
2.07 million shares of
Bank of America, which was down $0.09, or 0.93%.
According to Bloomberg
, objectors to Bank of America director's $20 million settlement of investors lawsuits over the bank's purchase of Merrill Lynch stated the deal is inadequate because losses from the deal totaled in the billions.
(Also see Pre-Market Primer: Lack of Fiscal Cliff Progress Weighs on Stocks
No positions in stocks mentioned.