Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Broadcom Corporation (NASDAQ: BRCM), Ericsson (NASDAQ: ERIC), and Savvis Inc. (NASDAQ: SVVS).Broadcom Corporation (NASDAQ: BRCM) is down 7.75% premarket to $37.28, relative to a 52-week range of $29.05-$47.93. The company issued poor second quarter revenue guidance.
Ericsson (NASDAQ: ERIC) is up more than 10.5% premarket to $14.55, relative to a 52-week range of $9.51-$13.39. The company reported above expectations Q1 profits.
Savvis Inc. (NASDAQ: SVVS) is up 8.5% premarket to $39.10, relative to a 52-week range of $14.47-$37.98. It was announced the company would be acquired from centurylink for $2.5 billion.
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