Investors were selling shares of handheld computer makers after the close Thursday following news that
miss analysts' revenue estimates for the current quarter.
Palm was down 17% to $1.83 in Instinet trading after the bell, and the other well-known names in the sector were also suffering.
was down 6.9% to $1.88, and
Research in Motion
was off 5.5% to $13.85.
was the volume leader, trading up 1.3% to $3.98. The
Nasdaq 100 Unit Trust
was also active, tacking on 0.2% to $30.60.
Overall, volume was again on the light side. In the first two hours of extra trading, around 2 million shares changed hands among the 20 most active stocks on the Instinet platform.
Elsewhere among the most actives,
was up 0.7%.
was inching up 0.1%, and
was gaining 0.5%.
were each adding 0.2%.
was gaining 2.5% to $24.17 after the company said same-store sales rose 10% in May.
One of the big losers of the session was
, the European network operator that last week filed for bankruptcy. The stock was plunging 3 cents, or 12%, to 22 cents after the bell. In regular trading, KPNQwest skyrocketed 79% to 25 cents on speculation that
might be interested in acquiring the company's assets.