Pre-Market Trading Snapshot: Massive Volume Flow Across Tech and Telecom Stocks

The NASDAQ 100 Pre-Market Indicator pulled back 114.23 points, settling at 25,572.45 as traders kicked off the December 12, 2025 session. With nearly 98 million shares already moving hands in pre-market action, the appetite for equities remains strong despite the index’s downward trajectory.

Leading the Volume Charge

Destiny Tech100 Inc. (DXYZ) surged +4.68 to $41.68, demonstrating impressive momentum with 659,211 shares exchanged. Meanwhile, Katapult Holdings (KPLT) climbed +1.155 to reach $7.36, backed by substantial institutional interest of 7.82 million shares. The fintech player is currently trading at just 61.33% of its $12 target price, suggesting potential upside for contrarian investors.

Mixed Signals in the Tech Space

NVIDIA (NVDA) showed resilience with a +1.48 gain to $182.41 across 3.79 million shares traded. Analysts have recently revised earnings projections higher, with nine bullish adjustments recorded over the past month. For the January 2026 fiscal quarter, the consensus EPS estimate stands at $1.42, and Zacks maintains a “buy” rating on the semiconductor giant.

Oracle (ORCL) diverged from the bullish script, declining 0.68 to $198.17 with 1.29 million shares in circulation. Despite the minor pullback, the enterprise software leader retains a “buy” designation from Zacks analysts.

Financial and Utility Plays

Intel (INTC) faced headwinds, dropping 0.29 to $39.22 on 5.62 million shares. Notably, the chip manufacturer trades 107.45% of its $36.50 target, suggesting valuations have already priced in expectations.

Fiserv (FISV) garnered 4.51 million shares traded, advancing 0.66 to $68.82. The fintech infrastructure provider trades at 86.03% of its $80 price target, indicating modest room for appreciation.

Fermi Inc. (FRMI) experienced the session’s most notable decline, sliding 7.29 to $7.96 on 5.54 million shares, yet Zacks maintains a “buy” recommendation despite the weakness.

Dividend and Infrastructure Winners

Corning (GLW) posted a marginal +0.02 gain to $95.99, marking a continuation of its 52-week highs established during regular trading hours. The materials science name attracted 1.40 million shares.

Comcast (CMCSA) inched forward 0.11 to $27.71 across 4.23 million shares, trading at 79.17% of its $35 target price. Bank of America (BAC) similarly climbed 0.30 to $54.86 with institutional endorsement maintaining “buy” status, though volume remained modest at 859,507 shares.

T1 Energy (TE) fell 0.37 to $5.50 on 2.60 million shares, though analysts continue to classify it in the “buy range.”

Pfizer (PFE) crept higher by 0.09 to $25.89 across 2.12 million shares, trading at 89.28% of its $29 target, leaving room for modest rallies ahead.

These pre-market movements set the stage for what could be a volatile regular session, with major technology and financial stocks dominating the early action.