MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Facebook
(NASDAQ:FB), PowerShares QQQ Trust (NASDAQ:QQQ),
(NASDAQ:CSCO) as of 9:15 a.m. EST.
7,175,816 shares of Facebook, which was up $0.22, or 1.11%.
Today the lockup period
for 773 million shares of Facebook will end. The shares have been locked up since Facebook's IPO.
2,621,976 shares of PowerShares QQQ Trust, which was up $0.35, or 0.56%
Investors also traded
2,568,078 shares of Cisco, which was up $1.15, or 6.82%.
Yesterday Cisco reported
a fiscal first-quarter profit of $2.09 billion, or $0.39 per share, compared to a profit of $1.78 billion, or $0.33 per share, in the prior year quarter. Revenue increased from $11.26 billion in the prior year quarter to $11.88 billion.
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No positions in stocks mentioned.