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Stocks the Buyers Forgot: 6 Left Out of the Rally

October 13, 2008
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

Eric Savitz

You have to search pretty hard to find tech stocks left out of today’s rally. But they’re out there. Here are a half-dozen companies that were not included in today historic rally, which took the Nasdaq Composite up nearly 12 percent:

  • Palm (PALM): This is how ugly things have become for Palm: on a day in which RIM (RIMM) rose 15.5 percent, Apple gained 13.9 percent and Nokia (NOK) climbed 8.8 percent, Palm fell 15 cents, or 2.8 percent, to $5.22. Embarrassing.
  • MOVE (MOVE): The provider of online real estate listings fell four cents, or 1.8 percent, to $2.21.
  • Powerwave (PWAV): Shares of the wireless chip provider slumped 14 cents, or 4.7 percent, to $3.05.

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