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Palm (PALM) Shares Spike on Monday

Mon Sep 21, 2009 - 8:11 PM EDT - By Annie Latham




Tech Trader Daily's Eric Savitz did a post about the 13.9% spike in Palm's share price ahead of the expected pricing tomorrow of a planned 16 million share stock offering.

The bump was probably partially stimulated by some bullish comments made by Jim Cramer on CNBC.

It will be interesting to see what tomorrow brings. PALM hit $15.95 on Monday.



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