NEW YORK (
) -- The tech-heavy Nasdaq
, adding a point to 2447.
shares rose 0.69% to close at $376.18 after news hit noting that
beginning in October.
Apple is also rumored to be
to keep up with aggressive growth and pricing from
shares shot up 2.73% to close at $25.21 after investors had a few days to digest a pile of news that included the
and the discontinuation of its TouchPad tablet. The company also recently slashed
, down from its initial price of $399, which created a surge in demand among
to get a hold of the device.
shares dropped 1.6% to close at $216.03 Wednesday after the company announced
Under the terms of the price increase, subscribers who wish to rent DVDs by mail as well as stream films will now pay 60% more. Shares of Netflix have dropped more than 27% since the announcement.
related to news that Sprint will finally get the iPhone, shares of the telecom fell 3.9% to close at $3.45 Wednesday after reports circled that the carrier could be exploring a buyout of 4G partner
. The company is reportedly in discussions with investors to fund a takeout of the remaining stake in Clearwire that it doesn't own.
Sprint holds a 54% stake in Clearwire.
shares dropped 5 cents to $6.06 after unveiling three Symbian handsets with near-field communication (NFC) technology. The new phones represent
in the smartphone market.
The handsets are aimed at users in the Asian market, where NFC is
--Written by Olivia Oran in New York.
>To follow the writer on Twitter, go to
>To submit a news tip, send an email to: