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 Sirius XIM Radio (NASDAQ:SIRI) as of 8:48 a.m. EST.
Investors exchanged 1,250,092 shares of Facebook, which was up $0.62, or 2.63%. Last week, shares of the stock surged over 20% despite a big lockup expiration. It was reported earlier that Yahoo (NASDAQ:YHOO) CEO Marissa Mayer is in talks with Facebook’s Sheryl Sandberg to form a search alliance between the two tech titans.
Investors traded 640,867 shares of PowerShares QQQ Trust, which was up $0.61, or 0.98%
Perennial volume leader Sirius XM saw 446,887 shares change hands, with the company rising $0.02, or 0.74%.
No positions in stocks mentioned.
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.