NEW YORK (
was a big gainer in premarket trading on Wednesday, rising 3.83% to $17.34 to reverse some of Tuesday's losses.
The communications software maker's stock closed down almost 17% after a negative article about the Orange, Conn.-based firm on
shares were flat at $9.54 on Wednesday, although the company was the most active premarket Nasdaq stock on share volume of 421,800.
Shares of the Swedish telecom equipment maker closed down 2.65% on Tuesday, continuing their recent slide. Last week Ericsson announced that it was selling its fiber access assets to
on the company's shares.
, which hit a new all-time high last week, crept up 0.06% to $675.20 on share volume of 39,231.
rose 0.83% to $47.33.
--Written by James Rogers in New York.
>To submit a news tip, send an email to:
Check out our new tech blog,
. Follow TheStreet Tech