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Nexen and Intermec Among Most Active Stocks in NYSE Pre-Market


iShares FTSE China 25 Index Fund was up this morning.

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the NYSE were Nexen (NYSE:NXY), Intermec (NYSE:IN), and iShares FTSE China 25 Index Fund (NYSEARCA:FXI) as of 9:20 a.m. EST.

Investors exchanged 12.45 million shares of Nexen, which was up $3.43, or 14.58%. According to the New York Times, the Canadian government will allow China National Offshore Oil Corporation to acquire Nexen for $15 billion.

Investors traded 3.1 million shares of Intermec, which was up $1.84, or 23.06%. Honeywell (NYSE:HON) will buy Intermec for $603.4 million in cash, or $10 per share. This price represents a 25% premium to Intermec's Friday closing stock price of $7.98.

Investors also traded 1.32 million shares of iShares FTSE China 25 Index Fund, which was up $0.15, or 0.39%.

(See also Pre-Market Primer: "A Detonator That Could Blow Up the Eurozone.")

Twitter: @ChrisWitrak
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