Facebook, Sirius, Dell: Premarket Movers
NEW YORK (TheStreet) -- Facebook
Shares of Facebook, which made an eagerly anticipated and eventful public debut on Friday, slipped 2.73% to $33.10 on Tuesday. The company's stock closed down 10.99% at $34.03 on Monday, well below its IPO price of $38 and Friday's $45 intraday high.
Facebook was also one of the most active premarket Nasdaq stocks on share volume of 831,514. The Menlo Park, Calif.-based firm's IPO was the largest ever offering from a tech company.
Shares of Dell
Analysts surveyed by Thomson Reuters expect Dell to report revenue of $14.91 billion and earnings of 46 cents a share, compared to $15 billion and earnings of 55 cents a share in the prior year's quarter.
Storage giant EMC
EMC shares closed up 3.25% at $25.75 on Monday.
--Written by James Rogers in New York.
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