Tech
Palm Rallies on Short Squeeze
Stock quotes in this article:PALM
SUNNYVALE, Calif. (TheStreet) -- Palm (PALM) shares surged 12% shortly after Jim Cramer spoke positively on CNBC of the company and the broader mobile Internet boom.
But some analysts say while Cramer did draw attention to the name, it also became evident to some investors that they needed to clear their short positions ahead of Palm's planned public offering.![]() |
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