The three most active funds and stocks in pre-market trading on the NYSE were Freeport-McMoRan Copper & Gold
(NYSE:FCX), McMoRan Exploration
(NYSE:MMR), and Plains Exploration & Production Company
(NYSE:PXP) as of 9:20 a.m.
Investors exchanged 7.51 million shares of
Freeport-McMoRan Copper & Gold, which was down $5.03, or 13.14%
. Freeport-McMoRan Copper & Gold announced
it will buy Plains Exploration & Production and McMoRan Exploration for about $9 billion.
5.67 million shares of McMoRan Exploration, which was up $6.29, or 75.34%.
Investors also traded
4.94 million shares of
Plains Exploration & Production Company, which was up $9.00, or 24.97%.
(See also: Pre-Market Primer: Hurricane Sandy Impacts Private Sector Employment.
No positions in stocks mentioned.