Priceline, Clearwire, Apple: Tech Premarket
NEW YORK (TheStreet) -- Priceline(PCLN) was a big winner in premarket trading Wednesday after reporting better-than-expected fourth-quarter results on Tuesday.
"The Priceline Group finished 2012 with a strong 4th quarter showing improving unit growth in hotel room and rental car day reservations," said Priceline CEO Jeffery Boyd, in a statement. "International gross bookings growth of 43% on a local currency basis in the 4th quarter evidenced the resilience of the business in 2012 despite economic uncertainty in our core European market."
The online travel company's shares climbed 4.07% to $706.1 before market open.
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Zynga(ZNGA) also continued its recent momentum, rising 1.79% to $3.42. The San Francisco-based social gamer was also the most active premarket Nasdaq stock on share volume of 610,530.
Vodafone(VOD) shares rose 1.1% to $24.82, while BlackBerry's(BBRY) stock was up 0.23% to $13.09.
Facebook(FB) shares dipped 0.04% to $27.38.
Clearwire(CLWR) was a bigger loser, tumbling 2.19% to $3.13. Clearwire is taking $80 million in financing from partner Sprint Nextel(S) in the form of exchangeable notes, according to a statement released early on Wednesday.
Shares of Apple(AAPL) , which holds its annual shareholders' meeting Wednesday, dipped 0.33% to $447.50.
--Written by James Rogers in New York.
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