Advancing stocks outpaced declining stocks in the RCR Wireless Index by a margin of almost 2 to 1 over the last week. Airvana was a significant gainer for the week, on the heels of the announcement of its acquisition by a buyout group led by SAC Capital and Blackstone Group. Significant companies in our losers category for the week were Palm and China Unicom.
Are there public companies with significant involvement in the wireless industry that aren’t included in the RCR Wireless Stock Index? If you think so, please let us know. Email us at stocks@ardenmediaco.com with your suggestions. Thanks.
