MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Research In Motion
(NASDAQ:RIMM), PowerShares QQQ Trust (NASDAQ:QQQ), and Sirius XM Radio (NASDAQ:SIRI) as of 9:00 a.m. EST.
3,688,898 shares of
Research In Motion, which was down $1.86, or 13.17%.
According to Bloomberg
, Research In Motion's decision to eliminate or lessen service fees for subscribers who opt out of enhanced services has hurt the company's stock despite RIMM beating analysts' estimates for its third quarter.
1,890,144 shares of PowerShares QQQ Trust, which was down $0.9834, or 1.49%
Investors also traded
653,055 shares of Sirius XM Radio, which was down $0.04, or 1.34%.
A federal appeals court approved
Sirius XM's settlement of a class action lawsuit brought by subscribers.
No positions in stocks mentioned.