Morning Movers: Bank of America Corporation (NYSE:BAC), Parsley Energy (NYSE:PE), Applied Optoelectronics (NASDAQ:AAOI), Revance Therapeutics (NASDAQ:RVNC), Alcoa Inc. (NYSE:AA)


Bank of America Corporation (NYSE:BAC) on Tuesday tapped Bernard Mensah and James DeMare to be the co-heads of global fixed-income, currencies and commodities trading, according to people familiar with the situation. Bank of America Corporation (NYSE:BAC) in last trading activity fell -0.77% to close at $16.72. Company weekly performance is -4.78%. Bank of America Corporation (NYSE:BAC) is -6.63% away from its 52 week high.

Parsley Energy, Inc. (NYSE:PE) announced that Bryan Sheffield, Chairman and Chief Executive Officer, presented at the Wells Fargo 2014 Energy Symposium on Wednesday, December 10 in New York City. An updated investor presentation will be posted the morning of the presentation to the Investor Relations section of Parsley’s website under Events and Presentations. On last trading day Parsley Energy, Inc. (NYSE:PE) moved up 6.27% to close at $12.37. Its volatility for the week is 5.74% while volatility for the month is 7.16%. Parsley Energy, Inc. (NYSE:PE) monthly performance is -31.09%.

On Dec 03, Applied Optoelectronics, Inc. (NASDAQ:AAOI) announced the completion of the move to a new, larger factory in New Taipei City, Taiwan. On last trading day Applied Optoelectronics, Inc. (NASDAQ:AAOI) moved up 3.16% to close at $9.78. Its volatility for the week is 6.23% while volatility for the month is 5.60%. AAOI’s sales growth for past 5 years was 20.20% and its EPS growth for past 5 years was 37.40%. Applied Optoelectronics, Inc. (NASDAQ:AAOI) monthly performance is -19.64%.

Zacks cut shares of Revance Therapeutics (NASDAQ:RVNC) to a neutral rating in a research report sent to investors on Thursday morning. The firm currently has $18.90 price target on the stock.Revance Therapeutics, Inc. (NASDAQ:RVNC) has 1.10% insider ownership while its institutional ownership stands at 69.90%. In last trading activity company’s stock closed at $16.46.

Alcoa Inc. (NYSE:AA) announced early on Monday morning that it will be acquiring Germany-based castings company TITAL. On Tuesday shares of Alcoa Inc. (NYSE:AA) closed at $14.48. Company’s sales growth for last 5 years was -3.10% and EPS growth for next 5 years is recorded as 36.48%.


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