business newsClearwire Corporation and Sirius XM Radio Among Most Active Stocks in Nasdaq Pre-Market
By
Christopher Witrak
Dec 17, 2012 9:25 am
PowerShares QQQ Trust was up this morning.
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Investors traded 37,370,371 shares of Clearwire Corporation, which was down $0.375, or 11.13%. According to Forbes, Clearwire accepted Sprint's (NYSE:S) offer to buy the remaining 50% of the company that Sprint does not already own for $2.2 billion, or $2.97 per share.
Investors exchanged 2,811,949 shares of Sirius XM Radio, which was down $0.04, or 1.37%. The Copyright Royalty Board of the Library of Congress released the royalty rate payable by Sirius XM for 2013 through 2017.
Investors also traded 1,775,446 shares of PowerShares QQQ Trust, which was up $0.07, or 0.11%.
(See also: Pre-Market Primer: Boehner Blinks; Apple Shares Dive.)
Twitter: @ChrisWitrak
No positions in stocks mentioned.
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