RIM, Cisco, Apple: Tech Premarket
NEW YORK (TheStreet) -- Research In Motion (RIMM) was a big loser in premarket trading on Friday amid ongoing uncertainty about the handset maker's long-term prospects.
Shares of Research In Motion were down 5.38% to $11.25 before market open, despite the company's recent efforts to show off its forthcoming BlackBerry 10 operating system.
On Thursday, RIM also launched its BlackBerry 10 Ready Program, which aims to prepare enterprise customers for the operating system's debut in late January.
RIMM shares closed down 0.42% during Thursday's trading.
Cisco (CSCO) shares crept up 0.31% to $19.54 in premarket trading on Friday ahead of the company's financial analyst conference. The networking giant's analyst event, which TheStreet will be attending, kicks off at 8 a.m. EST in New York. Apple (AAPL) shares slipped 0.4% to $547 in premarket trading. The consumer tech giant's stock closed up 1.57% on Thursday after Deutsche Telekom announced that its T-Mobile USA subsidiary will offer Apple products next year. Facebook (FB) shares were flat in premarket trading at $26.97. Investors will also be keeping a close eye on Palo Alto Networks (PANW) on Friday. The security specialist swung to a loss of $3.5 million after market close on Thursday, weighing heavily on its shares in extended trading. Palo Alto Networks' adjusted profit of 4 cents a share, however, came in above Wall Street's estimates. --Written by James Rogers in New York. Follow @jamesjrogers >To submit a news tip, send an email to: tips@thestreet.com.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
