Paper bought 2,500 ANAC Jul 5 Puts for $0.30 (21.2 times usual volume) with stock at $5.53
Paper sold 10,000 AFFY Oct 2 Calls for $0.30 (4.5 times usual volume) with stock at $1.74Paper bought 1,000 CPRT Jun 40 Calls for $0.50 (6.1 times usual volume) with stock at $35.92
Paper bought 10,000 ACHN Jan 10-20 Call Spreads for $1.30 (19.6 times usual volume) with stock at $8.09
Paper sold 20,000 ING Jan 9 Puts for $0.85 (26.5 times usual volume) with stock at $9.33
Paper sold 6,400 SFD Jul 32 Puts for $0.20 (2.9 times usual volume) with stock at $32.91
Paper bought 1,081 CLSN Jun 2 Puts for $0.40 (11 times usual volume) with stock at $1.86
Paper bought 4,000 MRVL Jun 11 Puts for $0.37 (2.6 times usual volume) with stock at $11.25
Paper bought 500 MRO Jun 33 Puts for $0.33 (3.9 times usual volume) with stock at $35.12
Paper bought 2,000 Sep 155 Puts for $1.55 (9.6 times usual volume) with stock at $180.02
Paper bought 3,705 SE Sep 33 Calls for $0.45 (5.3 times usual volume) with stock at $30.68
Paper bought 12,700 IACI Oct 40 Calls for $11.10 (11.4 times usual volume) with stock at $50.30
Paper bought 4,923 HMY Jul 5 Calls for $0.15 (4.9 times usual volume) with stock at $4.20
Paper bought 1,905 HBAN Jan 9 Calls for $0.15 (6.8 times usual volume) with stock at $7.87
Paper bought 20,000 CLWR Sep 3 Straddles for $1.35 (4.2 times usual volume) with stock at $4.16Paper bought 1,081 CLSN Jun 2 Puts for $0.40 (11 times usual volume) with stock at $1.86
Paper bought 4,000 MRVL Jun 11 Puts for $0.37 (2.6 times usual volume) with stock at $11.25
Paper sold 568 JOY Oct 55 Puts for $4.90 (3.2 times usual volume) with stock at $55.27
Paper bought 3,705 SE Sep 33 Calls for $0.45 (5.3 times usual volume) with stock at $30.68
Furthermore, Facebook has been constantly trying to revamp its services. On Wednesday, Facebook announced that it would be launching “verified pages” for celebrities and “high-profile” people. With this move, Facebook looks to draw in “a select group of people.” Of course, this is a nod to Twitter, which implemented this feature a while back and has fully capitalized on it since then.
For investors that expressed concern about the decline of younger users in recent months, the company has pointed at the fact that the people moving away from Facebook are simply switching to Facebook-owned social media such as Instagram. In a move to increase its mobile presence, Facebook has also agreed to buy Parse, a startup that helps companies create mobile applications.
Earlier this month, Facebook reported that earnings grew by 6.8% in the first quarter, beating analyst expectations by a healthy margin.
Facebook is currently trading above its 52-week low of $17.55 and below its 52-week high of $33.45. Shares are down 7.7% since the start of the year.
Shares of Clearwire closed at $3.48 on Wednesday and are now up 22% in early morning trading. Shares in wireless operator Clearwire rose to $4.18 in premarket trading after closing at $3.48 in the regular Nasdaq session. Share volume is at 20.61M, almost double the 30-day average. Clearwire is trading well above its 52-week high of $3.51 and its 52-week low of $0.83. Clearwire’s current market cap is at 2.43B.
Sprint had already raised its offer to $3.40 per share last week and Dish’s latest bid just complicates Sprint’s attempts to purchase Clearwire. Clearwire minority shareholders were unhappy with Sprint’s offer and may push the board to go ahead with Dish’s latest offer. Minority shareholders, Crest Financial Ltd. and Mount Kellett Capital Management LP thought that the offer by Sprint severely undervalued the company and its wireless spectrum.
“It is obviously a better offer,” Clearwire individual investor David Weber said of Dish’s latest proposal. “But I’d be surprised if Sprint doesn’t top that. It doesn’t sound like the bidding war is over.”