business newsBank of America and SPDR S&P 500 ETF Among Most Active Stocks in NYSE Pre-Market
By
Christopher Witrak
Nov 08, 2012 9:35 am
SandRidge Energy was up this morning.
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Investors traded 6.94 million shares of Bank of America, which was up $0.23, or 2.49%. Some analysts believe that Bank of America's stock will rebound after yesterday's loss. (Also see Stock Upgrades: Bank of America About to Bounce Back?)
Investors exchanged 2.08 million shares of SPDR S&P 500 ET, which was up $0.20, or 0.14%.
Investors also traded 1.25 million shares of SandRidge Energy, which was up $0.48, or 8.00%. According to Reuters, one SandRidge's largest investors TPG-Axon has called for the oil and gas company to sell itself and for CEO Tom Ward to step down. TPG-Axon owns a 4.5% stake in the company.
(See also Pre-Market Primer: Jobless Claims Fall Again, Greece Passes Critical Reforms.)
Twitter: @ChrisWitrak
No positions in stocks mentioned.
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