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Stock offering talk, buyout speculation push Palm shares
Palm, the maker of the Pre phone, gained nearly 10 percent today on speculation that investors are reacting positively to a planned stock offering. Palm said last week it would try to sell 16 million shares, and that a large investor would buy $35 million of the stock in the offering.
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News Stories
- News Source: Kansas City Star | 2 months agoPalm, the maker of the Pre phone, gained nearly 10 percent today on speculation that investors are reacting positively to a planned stock offering. Palm said last week it would try to sell 16 million shares, and that a large investor would buy $35...
- News Source: Uinta County News | 2 months agoShares of Palm Inc. rebounded early this week on a European rumor that Nokia may buy the company and on rumors that the company's recently announced secondary stock offering would price on Tuesday...Palm rose strongly earlier this year after it...
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