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Facebook and PowerShares QQQ Trust Among Most Active Stocks in Nasdaq Pre-Market


Cisco was up this morning.

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Facebook (NASDAQ:FB), PowerShares QQQ Trust (NASDAQ:QQQ), and Cisco (NASDAQ:CSCO) as of 9:15 a.m. EST.

Investors traded 7,175,816 shares of Facebook, which was up $0.22, or 1.11%. Today the lockup period for 773 million shares of Facebook will end. The shares have been locked up since Facebook's IPO.

Investors exchanged 2,621,976 shares of PowerShares QQQ Trust, which was up $0.35, or 0.56%.

Investors also traded 2,568,078 shares of Cisco, which was up $1.15, or 6.82%. Yesterday Cisco reported a fiscal first-quarter profit of $2.09 billion, or $0.39 per share, compared to a profit of $1.78 billion, or $0.33 per share, in the prior year quarter. Revenue increased from $11.26 billion in the prior year quarter to $11.88 billion.

(See also: Pre-Market Primer: Obama Makes a Bold First Gambit; Retail Sales Fall.)

Twitter: @ChrisWitrak
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