MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Research In Motion
(NASDAQ:RIMM), Facebook (NASDAQ:FB), and Tellabs (NASDAQ:TLAB) as of 8:50 a.m. EST.
372,988 shares of
Research In Motion, which was down $0.26, or 2.38%.
According to Bloomberg
, Research In Motion's cutting of subscriber fees indicates its pricing power with carriers is declining.
300,246 shares of Facebook, which was up $0.41, or 1.56%
. According to Marketwatch
, analysts at Needham & Co. raised their price target for Facebook's stock from $25 to $33.
Investors also traded
118,413 shares of Tellabs, which was up $0.11, or 4.42%.
(See also: Pre-Market Primer: Hopes of Fiscal Cliff Compromise Fade.
No positions in stocks mentioned.