MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Ericsson (NASDAQ:ERIC), DUSA Pharmaceuticals
(NASDAQ:DUSA), and Windstream Corporation
(NASDAQ:WIN), and as of 9:10 a.m.
2,552,800 shares of Ericsson, which was down $0.11, or 1.21%
. Ericsson will lay
off 1,550 workers next year at its Swedish operating base.
Investors also traded
972,731 shares of DUSA Pharmaceuticals, which was up $2.18, or 37.72%. Sun Phamaceutical
(NSE:SUNPHARMA) will acquire
DUSA for $230 million, or $8.00 per share. This amount represents a 38% premium to DUSA's yesterday closing price.
773,671 shares of Windstream Corporation, which was down $0.62, or 6.58%. Windstream reported its third quarter financial results today.
Its net income was $54 million, or $0.09 per share, on revenue of $1.55 billion compared to $78 million, or $0.15 per share, on revenue of $1 billion in the prior-year quarter.
(Also see Pre-Market Primer: Jobless Claims Fall Again, Greece Passes Critical Reforms
No positions in stocks mentioned.