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Sealy (NYSE:ZZ) and SPDR S&P 500 ETF (NYSEARCA:SPY) Among Most Active Stocks in NYSE Pre-Market


Bank of America was up this morning.

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were Sealy (NYSE:ZZ), SPDR S&P 500 ETF (NYSEARCA:SPY), and Bank of America (NYSE:BAC) as of 9:15 a.m.

Investors traded 5.64 million shares of Sealy, which was up $0.09, or 4.21%. According to Reuters, Tempur-Pedic will acquire rival mattress maker Sealy for about $242 million and assume about $750 million in debt. The offer price of $2.20 per share is a 3% premium to Sealy's Wednesday close $2.14.
Investors also traded 2.27 million shares of SPDR S&P 500 ETF, which was up $0.68, or 0.47%. (See also Pre-Market Primer: US Economic Data Falls Off a Cliff Before Spanish Budget Announcement.)

Investors exchanged 2.27 million shares of Bank of America, which was up $0.11, or 1.19%. According to Reuters, Bank of America is testing a new technology that would allow customers to pay a bill at a store register by scanning an image with their smartphone.

Twitter: @ChrisWitrak
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