eBay, Facebook, Apple, Cisco: Tech Premarket
After the markets closed Wednesday, eBay reported revenue of $4 billion, an 18% increase from a year earlier and above analysts' forecast of $3.98 billion.
Excluding items, eBay earned 70 cents a share, up from 60 cents. Analysts surveyed by Thomson Reuters were looking for earnings of 69 cents a share.
The company's Marketplaces business, which was widely expected to boost eBay's fourth-quarter numbers, generated record revenue of $2 billion.
eBay shares climbed 3.12% to $54.55 in premarket trading. The San Jose, Calif.-based firm was also one of the most active premarket Nasdaq stocks on share volume of 172,013.
Apple(AAPL) , which gained 4.15% on Wednesday, rose 0.86% to $510.44 before market open. The iPhone maker was another active premarket Nasdaq stock on share volume of 79,295.
Intel(INTC) , which reports its fourth-quarter results after market close, rose 0.5% to $22.22 in premarket trading.
HP(HPQ) shares crept up rose 0.41% to $17.28 before market open. The No. 1 PC maker's stock closed up 4.11% on Wednesday following a news report that potential purchasers are evaluating the company's Autonomy and EDS units.
--Written by James Rogers in New York.
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