New York (December 14th, 2012) - Clearwire Corporation (NASDAQ: CLWR) traded in the range of $3.03 and $3.18 during its latest trading session and created a new 52 weeks high. The stock had opened at $3.12 and closed at $3.16, up 14.91 percent from its previous close of $2.75. Clearwire is currently going through bullish phase and has its first support level at $3.03. The stock is up on the news of Sprint Nextel’s bid for the company.
The telecom company proposed to buy Clearwire for $2.1 billion, pricing its stock at $2.90 per share. Both the companies had been collaborating via a Joint Venture from last 4 years.
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Compugen Ltd. (NASDAQ: CGEN) stock closed its latest trading session at $5.53, up 8.22 percent from its previous close of $5.11. However, its today’s volume of 1.09 million shares was considerably higher than its usual trading volume of 77K shares.
The stock opened the session at $5.23 and touched its highest price point at $5.86. Compugen stock’s lowest price point for the session stood at $5.18. The stock’s MACD chart shows bullish trend in the short term. Its first support level is at $5.17.
Upon breaching this level, the stock may fall to $4.91 level. Compugen is engaged in the business of developing therapies for various ailments including cancer.
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