BlackBerry, Zynga, QlikTech: Tech Premarket
On Thursday documents filed with the Securities and Exchange Commission revealed that former RIM co-CEO Jim Balsillie sold his stake in the company. At the end of 2011, Balsillie had held 5.1% of RIM's shares, according to media reports.
Shares of the Canadian handset maker, which gained 7.72% during Thursday's session, rose 2.52% to $15.45 in pre-market trading on Friday. BlackBerry was also the most active pre-market Nasdaq stock on share volume of 361,168.
Social gamer Zynga(ZNGA) was a winner before market open, rising 2.15% to $3.32 on share volume of 186,056.
Business intelligence specialist Qlik Technologies(QLIK) was an even bigger gainer, rising 18.63% to $27 following better-than-expected fourth-quarter results, boosted by strong software license revenue.
Shares of remote access specialist LogMeIn(LOGM) , however, tumbled 25.44% to $17.64 after delivering tepid guidance with its fourth-quarter results on Thursday.
Apple(AAPL) shares, which closed down 0.09% on Thursday, rose 0.44% to $468.64 on Friday. On Thursday the latest 13F filings revealed that investing giants David Einhorn and George Soros increased their stakes in Apple.
--Written by James Rogers in New York.
>To submit a news tip, send an email to: firstname.lastname@example.org.