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AK Steel Holding Corporation and SPDR S&P 500 ETF Among Most Active Stocks in NYSE Pre-Market

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PowerShares KBW Bank was up this morning.

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MINYANVILLE ORIGINAL 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. EST.

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.

Investors traded 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.)

Twitter: @ChrisWitrak
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