Morning Buzz: LinkedIn Corporation (LNKD), Multi-Fineline Electronix (MFLX), Tableau Software (DATA), Apple Inc. (AAPL)

LinkedIn (LNKD) is crushing in premarket trading after issuing a weak guidance for 1Q16. The name is down 65 points, trading at $126 and change as of 9:00 a.m. ET.

Multi-Fineline Electronix, Inc. (MFLX) shares surged 38.16% to $22.70 in pre-market trading after the company announced its acquisition by Chinese manufacturing conglomerate Suzhou Dongshan Precision Manufacturing for $610 million, or $23.95 share in cash.

Shares of Tableau Software (DATA) plunged 38% in premarket action after the co.’s licensing revenue growth of 31% disappointed the Street, and 1Q16 revenue guidance was weaker than expected. The company guided Q1 revs of $160-$165 million, compared to expectations for $179.53 million. The management also gave its bottom line range of ($0.12)-($0.08) per share, against projections of $0.06 per share.

Apple (AAPL), Amazon.com (AMZN), Alphabet (GOOG), Verizon (VZ) — According to a new report from Variety, these tech giants are negotiating with the NFL for digital rights to Thursday Night Football.

Be the first to comment

Leave a Reply

Your email address will not be published.


*