Pre-Market Movers (Clearwire, Sprint Nextel, Partner Comm, Glu Mobile, Deutsche Bank, Telefonica, Aixtron, LSI Corp)
Clearwire Corp, Sprint Nextel Corp, Partner Communications, Glu Mobile Inc, Deutsche Bank AG, Telefonica S.A., Aixtron SE and LSI Corp. are among the companies whose shares are moving in pre-market trading Monday.
Clearwire Corp. (CLWR) stock rallied 24.57 percent to $2.89 in pre-market trading. The stock has a 52-week low of $0.83, a 52-week high of $2.64 and $3.39 billion in market capitalization.
Sprint Nextel Corp. (S) stock climbed 8.20 percent to $6.20 in pre-market trading. Softbank Corp. and Sprint announced Monday that they have entered into a series of definitive agreements under which Softbank will invest $20.1 billion in Sprint, consisting of $12.1 billion to be distributed to Sprint stockholders and $8.0 billion of new capital to strengthen Sprint’s balance sheet.
Partner Communications Co Ltd. (PTNR) stock surged 6.36 percent to $5.69 in pre-market trading. Israeli holding company Scailex Corp said on Sunday it is in talks with the Saban Capital Group regarding a possible sale of its stake in Partner Communications, Reuters reported.
Glu Mobile Inc. (GLUU) stock gained 3.86 percent to $3.50 in pre-market trading. The company stock was reiterated with “strong buy” rating at Needham & Co. Friday.
Deutsche Bank AG (DB) stock gained 2.10 percent to $42.83 in pre-market trading. The stock has a 52-week low of $27.03, a 52-week high of $52.54 and $38.49 billion in market capitalization.
Telefonica S.A. (TEF) stock advanced 1.30 percent to $13.26 in pre-market trading. The Spanish telecommunications company is selling its Atento call center business to U.S. private equity firm Bain Capital for about 1 billion euros ($1.3 billion) to reduce debt.
Aixtron SE (AIXG) stock tumbled 7.21 percent to $12.10 in pre-market trading. The stock has a 52-week low of $11.18, a 52-week high of $19.44 and $1.31 billion in market capitalization.
LSI Corp. (LSI) stock plunged 3.88 percent to $6.20 in pre-market trading. The stock has a 52-week low of $5.06, a 52-week high of $9.20 and $3.60 billion in market capitalization.
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