Palm… Rumor Friday, Hope for Merger Monday (PALM)

Posted in pre-market 
April 23rd, 2010

Palm Inc. (NASDAQ: PALM) is up as rumor Friday hopes to become merger Monday.  Yesterday there was an article noting that its CEO acknowledged that speculation of its future as an independent company may hurt developer interest for creating Apps.  Shares are trading higher by about 4.3% at $5.07 this morning on almost 1.3 million shares of 8:54 AM EST.


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