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), and
Cisco (NASDAQ:CSCO)
as of 9:15 a.m. EST.
Investors traded 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.
Investors exchanged 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.
(See also:
Pre-Market Primer: Obama Makes a Bold First Gambit; Retail Sales Fall.)
Twitter: @ChrisWitrak
No positions in stocks mentioned.