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Yandex, Velti, Ericsson: Tech Premarket

NEW YORK ( TheStreet) -- Shares of Yandex (YNDX - Get Report), which tumbled 7.99% during Tuesday's trading, gained 1% to $23.26 before market open.

The Russian Internet specialist on Tuesday announced the pricing of a secondary offering. The shares are being sold by investors BC&B Holdings B.V, Belka Holdings Limited, Ilya Segalovich and Emerald Trust.

Yandex was also one of the most active premarket Nasdaq stocks on share volume of 922,638.

Mobile marketing company Velti (VELT - Get Report), however, slumped 29.9% to $2.18 following the firm's fourth-quarter results and weaker-than-expected guidance.

Velti was another active Nasdaq stock on share volume of 390,638.

Ericsson (ERIC - Get Report) shares rose 0.39% to $12.99 on share volume of 1,755,279.

Shares of BlackBerry (BBRY - Get Report), which will soon start selling its Z10 phone, dipped 1.87% to $14.20 on share volume of 284,392.

Zynga (ZNGA - Get Report) was up 1.07% to $3.77, while HP (HPQ - Get Report) was down 0.23% to $21.35.

--Written by James Rogers in New York.

>To submit a news tip, send an email to: tips@thestreet.com

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SYM TRADE IT LAST %CHG
VELT $0.00 0.00%
ZNGA $2.49 -1.60%
BBRY $10.38 0.00%
ERIC $11.41 0.00%
HPQ $33.26 0.00%

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