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Top Large Cap Stocks on Monday (Cisco Systems, Inc., HPQ, Vale, AT&T Inc.)

Top Large Cap Stocks on Monday

 



(EMAILWIRE.COM, August 24, 2010 ) New York, NY -Following are among the most active mid cap stock movers based on the market capitalization of $10bln-$200bln.


Cisco Systems, Inc. (NASDAQ:CSCO) dropped 2.47% to $21.68 on over 49.31 million shares. After opening today`s trade at $22.48, the stock was trading within the range of $21.65-$22.48.


So far this year, the stock dropped more than 10%. At current market price, the market capitalization of the stock stands at $123.82 billion.


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Hewlett-Packard Company (NYSE:HPQ) lost 2.03% to $39.04 on over 37.42 million shares after it created its new 52-week low of $38.61. Today, 37.42 million shares have been traded. In the past one year of trading sessions, the stock went down more than 12%.


The company announced Monday that it has submitted to 3PAR Inc. a proposal to acquire all of the outstanding shares of 3PAR for $24.00 per share in cash, or an enterprise value of $1.6 billion. The proposed transaction represents a 33.3 percent premium above the price proposed by Dell Inc


Vale (ADR) (NYSE:VALE) went down 3.44% to $27.19. Over the past 52-weeks, the stock traded within the range of $18.89-$34.71. Today, 23.48 million shares as compared to its daily average volume of 19.96 million shares.


AT&T Inc. (NYSE:T) gained 0.15% to $26.49 on 33.93 million shares. So far, the market capitalization of the stock stands at $156.53 billion. So far this year, the stock went down more than 6%.


AT&T Inc. provides telecommunications services in the United States and the world. It offers services and products to consumers in the United States and services and products to businesses and other providers of telecommunications services worldwide.

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