BlackBerry, Zynga, QlikTech: Tech Premarket
NEW YORK (TheStreet) - BlackBerry (BBRY), formerly Research in Motion, continued its recent momentum in pre-market trading, climbing more than 2%.
On Thursday documents filed with the Securities and Exchange Commission revealed that former RIM co-CEO Jim Balsillie sold his stake in the company. At the end of 2011, Balsillie had held 5.1% of RIM's shares, according to media reports.
Shares of the Canadian handset maker, which gained 7.72% during Thursday's session, rose 2.52% to $15.45 in pre-market trading on Friday. BlackBerry was also the most active pre-market Nasdaq stock on share volume of 361,168.
Social gamer Zynga (ZNGA) was a winner before market open, rising 2.15% to $3.32 on share volume of 186,056.
Business intelligence specialist Qlik Technologies (QLIK) was an even bigger gainer, rising 18.63% to $27 following better-than-expected fourth-quarter results, boosted by strong software license revenue. Shares of remote access specialist LogMeIn (LOGM), however, tumbled 25.44% to $17.64 after delivering tepid guidance with its fourth-quarter results on Thursday. Vodafone (VOD) shares rose 0.81% to $26.26, while Facebook's (FB) stock gained 0.25% to reach $28.57. Apple (AAPL)shares, which closed down 0.09% on Thursday, rose 0.44% to $468.64 on Friday. On Thursday the latest 13F filings revealed that investing giants David Einhorn and George Soros increased their stakes in Apple. --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!
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