NEW YORK (
(CLWR) was a big gainer in premarket trading on Monday, rising 12.93% to $2.62, after key partner
(S) announced its
merger with Japanese telecom giant
Clearwire was also the most active premarket Nasdaq stock on share volume of 3,514,868.
The Softbank/Sprint deal will see the Japanese firm acquire a 70% stake in the No. 3 U.S. telecom provider for $20.1 billion. Sprint shares rose 2.09% to $5.85 before market open on Monday.
(SIRI - Get Report) shares gained 0.36% to reach $2.79. The satellite radio specialist was also one of the most active premarket Nasdaq stocks on share volume of 268,985.
(AAPL - Get Report)
, which is rumored to be planning the forthcoming launch of its iPad Mini, crept up 0.46% to $632.6.
(ERIC - Get Report)
shares, however, slipped 0.91% to $8.67 before market open.
--Written by James Rogers in New York.
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