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NEW YORK (
Research Iin Motion(RIMM) was a gainer in premarket trading on Wednesday, as the handset maker continues it momentum ahead of its BlackBerry 10 launch next month.
Shares of the Canadian firm climbed 0.95% to $12.72 before market open after ending Tuesday's session up 6.06%.
On Tuesday, RIM officially
doubled off its lows earlier in the year, the same day that it announced its
BB10 SDK (Software Development Kit) for the developer community.
reaction to the recent demos of RIM's much-delayed BlackBerry10 OS has been positive, and there seems to be plenty of pent-up demand for the technology.
Some 76% of respondents to
TheStreet's ongoing BlackBerry 10
poll say that they will go out and buy a BlackBerry 10 device.
RIM was also one of the most active premarket Nasdaq stocks on share volume of 50,324.
Intel(INTC - Get Report), which unveiled its new Atom S1200 server processor on Tuesday, climbed 0.68% to $20.79 in premarket trading, after closing up 2.46% during the previous session.
Initial response to the chip has been positive. "The new server system on-chip hits lower-power levels, and includes key features such as error code correction, 64-bit support, and virtualization technologies required for use inside data centers," wrote Charles King, principal analyst at tech research firm
Pund-IT, in a note.
RBC Capital Markets analyst Doug Freedman said he believes that the new processor will strengthen Intel's position against chip design giant
"We believe that INTC is positioning itself to the best of its ability given intensifying pressure (roadmap) from ARM into the micro-server segment," he wrote, in a note.
Clearwire(CLWR) was also a winner, rising 5.97% to $2.84 on share volume of 54,050, lifted by
media reports that
Sprint(S) is in talks with Intel and
Comcast(CMCSA) to buy out their stakes in the wireless provider.
Apple(AAPL - Get Report) was another gainer in premarket trading, rising 0.86% to $546.02 on share volume of 80,771.
Tellabs(TLAB), however, was a big loser, plunging 15.52% to $2.83 on share volume of 906,128.
Seagate(STX - Get Report) was another loser, tumbling 3.72% to $27.95.
Facebook(FB - Get Report) dipped 0.11% to $27.95.
--Written by James Rogers in New York.
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