MINYANVILLE ORIGINAL?The three most active funds and stocks in pre-market trading on the Nasdaq were Human Genome Sciences (HGSI), PowerShares QQQ Trust (QQQ), and Sirius XM Radio (SIRI) as of 9:00 a.m. Investors traded 9,318,074 shares of Human Genome Sciences, which was up $0.43, or 3.17%. GlaxoSmithKline (GSK) is expected to announce sometime this morning the conclusion of a deal to acquire Human Genome Sciences for about $2.8 billion, or roughly $14 per share. Investors also traded 316,566 shares of PowerShares QQQ Trust, which was down $0.17, or 0.27%, and 218,052 shares of Sirius XM Radio, which was down $0.02, or 0.98%.
Twitter: @ChrisWitrak
No positions in stocks mentioned.
Source: http://www.minyanville.com/trading-and-investing/stocks/articles/stocks-trading-equities-investing-investments-investors/7/16/2012/id/42450
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