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LNKD, V, and ALTR Are Today's Pre-Market Movers

By , Behavioral Trading Specialist, Money Morning -

pre-market movers

Good morning! Stock futures for Friday, May 1, forecasted an 84-point jump from Thursday's close.

The DJIA Index dropped 195 points yesterday, fueled by disappointing economic data and earnings reports. Biotech was a major drag on the Nasdaq, and the Nasdaq Biotech Index (INDEX: NBI) fell 3%.

Here are your pre-market movers, earnings reports, stocks to watch, and top market news in the stock market today...

What to Do with TWTR, LNKD, and TSLA Stock as Momentum Plays Get Crushed

By , Associate Editor, Money Morning • @KyleAndersonMM -

TSLA stock

Momentum plays like Twitter Inc. (Nasdaq: TWTR), LinkedIn Corp. (NYSE: LNKD), and Tesla Motors Co. (Nasdaq: TSLA) stock had great runs at the end of 2013, but pulled back in March and April 2014.

These stocks have been extremely volatile lately, which according to Money Morning's Capital Wave Strategist Shah Gilani, is a sign of skittishness from investors.

Gilani appeared on FOX Business' "Varney & Co." yesterday (Wednesday) and told investors the best way to play these momentum stocks now. Take a look before these stocks make a big move... again.

Gilani appeared on FOX Business' "Varney & Co." yesterday (Wednesday) and told investors the best way to play these momentum stocks now. Take a look before these stocks make a big move... again.

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LinkedIn (NYSE: LNKD) Stock Drops 12% on These Key Earnings Figures

By , Associate Editor, Money Morning • @KyleAndersonMM -

LinkedIn Corp. (NYSE: LNKD) stock dipped as much as 12.5% in after-hours trading today (Thursday) after the company announced weaker 2014 guidance figures than most analysts expected.  

LNKD is projecting revenue between $455 million and $460 million for the first quarter of 2014. That's well below analysts' estimates of $470 million.

To continue reading, please click here...

Why LinkedIn (NYSE: LNKD) Is the Dark Horse of Social Media

By , Associate Editor, Money Morning • @TaraKateClarke -

As we've seen in the past few years, not all social media stocks have been successful investments...

Online game-maker Zynga Inc. (Nasdaq: ZNGA) started trading at $10 a share in 2011, then tumbled 7.75% to $9.25 in just four hours of trading. It never recovered, and in June, the company announced it was cutting 520 jobs. Now Zynga shares are trading at $3.69, compared to a high of $14.69.

To continue reading, please click here...

    Today's Markets
    DJIA -130.40 (0.47%) 27,901.98
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