business newsPowerShares QQQ Trust and Zipcar Among Most Active Stocks in Nasdaq Pre-Market
By
Christopher Witrak
Jan 02, 2013 8:57 am
Facebook was up this morning.
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Investors traded 2,607,533 shares of PowerShares QQQ Trust, which was up $1.38, or 2.12%.
Investors exchanged 1,975,981 shares of Zipcar, which was up $3.94, or 47.82%. According to Reuters, Avis Budget Group (NASDAQ:CAR) will buy Zipcar for $500 million in cash, or $12.25 per share, which represents a 49% premium to Zipcar's Monday close.
Investors also traded 884,887 shares of Facebook, which was up $0.69, or 2.59%.
(See also: Pre-Market Primer: Markets Surge as Fiscal Cliff Is Averted, but Debt Ceiling Fight Continues.)
Twitter: @ChrisWitrak
No positions in stocks mentioned.
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