This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Clearwire, Ciena, RIM, Apple: Tech Premarket

NEW YORK ( TheStreet) - Clearwire (CLWR) was the biggest gainer in premarket trading on Thursday, after Sprint (S) revealed its intention to buy out the wireless specialist.

In a filing with the Securities and Exchange Commission, Sprint said that it plans to acquire Sprint stock that it does not already own for $2.90 a share, a deal worth around $2.1 billion.

Clearwire shares climbed 10.55% to $3.04 before market open on share volume of 25,256,169.

Sprint shares dipped 0.71% to $5.62.

Ciena (CIEN - Get Report) was another gainer, rising 3.4% to $16.10, while RF Micro Devices (RFMD) gained 3.41% to reach $4.55.

Research In Motion (RIMM), which has enjoyed strong momentum recently ahead of its BlackBerry 10 launch next year, was also a gainer. The Canadian handset maker's shares rose 0.98% to $13.44.

Ericsson (ERIC - Get Report) rose 0.52% to $9.69.

Apple (AAPL - Get Report) shares, however, dipped 1.6% to $530.36.

--Written by James Rogers in New York.

>To submit a news tip, send an email to:

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CLWR $0.00 0.00%
AAPL $117.81 -0.19%
CIEN $25.30 0.44%
ERIC $9.57 1.48%
RFMD $16.59 -2.07%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs