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Nokia and Bank of America Among Most Active Stocks in Nasdaq Pre-Market


SPDR S&P 500 ETF was up this morning.

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were Nokia (NYSE:NOK), Bank of America (NYSE:BAC), and SPDR S&P 500 ETF (NYSEARCA:SPY) as of 9:15 a.m.

Investors traded 2.06 million shares of Nokia, which was up $0.02, or 0.72%. According to the Wall Street Journal, a group of ex-Nokia employees have raised $200 euros from a variety of individuals in the telecommunications industry to create a new mobile operating systems based on discarded Nokia technology. The group will unveil a new phone next month.

Investors exchanged 1.2 million shares of Bank of America, which was up $0.11, or 1.23%. Bank of America's Merrill Lynch unit is offering sign-up bonuses of up to $1.5 million to attract leading Morgan Stanley (NYSE:MS) wealth management brokers and convince them to switch to Merrill Lynch.
Investors also traded 848,260 shares of SPDR S&P 500 ETF, which was up $0.54, or 0.73%.

(See also Pre-Market Primer: Millionaires Get Unemployment Checks and Postal Service Misses Payments)

Twitter: @ChrisWitrak
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