Companies Reporting Before The Bell
• Thomson Reuters (NYSE:TRI) is expected to report quarterly earnings at $0.48 per share on revenue of $1.86 billion.
Shares of Extreme Networks (NASDAQ:EXTR) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $11.71.
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Shares of Extreme Networks (NASDAQ:EXTR) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $11.1.
Gainers
ShiftPixy, Inc. (NASDAQ: PIXY) jumped 33.1% to settle at $3.34 on Thursday as the company said it has been named as sponsor related to 4 SPACs.