NASDAQ Move Aggressively on News (PSEC, SBUX, TRIP, GLUU, PPHM)

New York, NY -- (SBWIRE) -- 11/02/2012 -- Prospect Capital Corporation (NASDAQ:PSEC) Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Our investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. Prospect Capital announced today that it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing its first fiscal quarter results for the period ended September 30, 2012 on Thursday, November 8, 2012 after the close of the markets. Prospect Capital priced underwritten public offering of 35 million shares of its common stock but the price was not disclosed. Prospect Capital shares sold off early this morning, trading at an intraday of $10.93 (-8.31%) with over 13million shares that have exchanged hands, will the financial release on November 8th have a positive impact on the stock? Stick around.

Starbucks Corporation (NASDAQ:SBUX) Starbucks reported better than expected earnings which increased 24% since the last year. The company also upgraded their forecast for Q4 results as plans for new stores opening around the globe are reported. Starbucks is trading at an intraday of $51.55 (+10.58%) with over 10.5million shares exchanged, can Starbucks break expectations upon their Q4 release and surge past it's current 52 week high of $62? Stick around.

Tripadvisor Inc (NASDAQ:TRIP) TripAdvisor soared after-hours yesterday as the online travel company earnings exceeded expectations for the third quarter. TripAdvisor is trading at an intraday of $36.71 (+21.42%) with over 6.2million shares traded, will TripAdvisor continue to run towards the end of day? Stick around.

Glu Mobile Inc. (NASDAQ:GLUU) Glu Mobile fell this morning on early trading due to the company lowering expectations for Q4 stating that some of their games are under performing. Few analysts have downgraded the shares after Glu Mobile's third quarter results release yesterday afternoon. Trading at an intraday of $2.71 (-16.87%) with over 5million shares that have exchanged hands, will Glu Mobile continue to fall? Stick around.

Peregrine Pharmaceuticals (NASDAQ:PPHM) A biopharmaceutical company developing first-in-class monoclonal antibodies focused on the treatment and diagnosis of cancer, announced the presentation of preclinical data showing specific localization and enhancement of anti-tumor functions of immune cells inside tumors following administration of phosphatidylserine (PS)-targeting antibodies yesterday. Peregrine is trading at an intraday of $.8155 (-1.75%) with over 1.2million shares traded.

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