business newsResearch In Motion and Facebook Among Most Active Stocks in Nasdaq Pre-Market
By
Christopher Witrak
Dec 24, 2012 9:12 am
Tellabs was up this morning.
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Investors traded 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.
Investors exchanged 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.)
Twitter: @ChrisWitrak
No positions in stocks mentioned.
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