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What’s Up With RealNetworks?

September 22, 2009
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

Eric Savitz

RealNetworks (RNWK) shares have spiked more than 10 percent this morning, on zero news.

TheStreet.com notes that there has been “heavy upside options activity” in the shares, asserting that “volume was nothing short of explosive” in both the stock and the options.

The last time the stock had a big move, the company won approval from Apple (AAPL) to offer an application for accessing Real’s Rhapsody music subscription service on the iPhone/iPod app store.

Read the rest of this post on the original site

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