NEW YORK (
) --
Tangoe
(TNGO)
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
Web site.
Ericsson
(ERIC) - Get Report
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
Calix
(CALX) - Get Report
,
on the company's shares.
Shares of
Apple
(AAPL) - Get Report
, which hit a new all-time high last week, crept up 0.06% to $675.20 on share volume of 39,231.
eBay
(EBAY) - Get Report
rose 0.83% to $47.33.
--Written by James Rogers in New York.
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