Pre-Market Movers (Clearwire, Sprint Nextel, Partner Comm, Glu Mobile, Deutsche Bank, Telefonica, Aixtron, LSI Corp)
![Sprint-Nextel logo](https://d.ibtimes.com/en/full/844735/sprint-nextel-logo.jpg?w=736&f=8caeb8ee76cbe7b174235a4c37d3fc26)
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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