Thursday, November 22, 2012

Charter Communications And Facebook Among Most Active Stocks ...

MINYANVILLE ORIGINAL The three most active funds and stocks in pre-market trading on the Nasdaq (INDEXNASDAQ:.IXIC) were Charter Communications (NASDAQ:CHTR), Facebook (NASDAQ:FB), and Research In Motion (NASDAQ:RIMM) as of 8:45 a.m. EST.

Investors exchanged 186,700 shares of Charter Communications, which was down $0.76, or 1.08%. Charter Communications announced yesterday that certain stockholders have agreed to sell 3.1 million shares of Charter common stock in an underwritten offering.

Investors traded 130,582 shares of Facebook, which was up $0.19, or 0.82%. Yesterday, Facebook director Mark Andreesen sold about $54 million in Facebook shares to cover taxes.

Investors also traded 84,000 shares of Research In Motion, which was down $0.085, or 0.88%. According to AllThingsD, the National Transportation Safety Board will no longer purchase BlackBerries. Instead, it plans on purchasing iPhone 5s (NASDAQ:AAPL). The organization cited a high failure rate of the smartphone and failures occurring at inappropriate times as its reasons.

(See also: Pre-Market Primer: Greece Talks Collapse; Japan Feels the Pain From China Boycotts.)

Twitter: @ChrisWitrak

No positions in stocks mentioned.

Source: http://www.minyanville.com/trading-and-investing/stocks/articles/premarket-stocks-trading-equities-investing/11/21/2012/id/46022

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