Investing
Alcatel-Lucent Pulls a Rabbit Out of Its Hat on Earnings (ALU)
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Shares closed at $1.94 on Thursday and the 52-week trading range is $1.39 to $6.63. There is almost 90 minutes left of pre-market trading and we already have close to 4 million shares traded in the pre-market and the stock is surging by almost 15% to $2.23.
After many disappointments, this one feels like it came a bit out of the blue when you consider the woes of Europe and that it is now based in Europe when so many other tech and communications outfits have been reporting bad numbers.
JON C. OGG
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