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Clearwire Coming Up

Dan Jones

6:00 PM -- It just shows how wacky the market is at the moment.

Clearwire LLC (Nasdaq: CLWR) is up $0.73 or 17.72 percent in trading today, after dropping on the news that its shareholders approved the WiMax merger deal last week. (See I Can See Clearwire Now.)

Granted, it is coming up off a low basis, up to $4.85 from a day low of $4.09. Still, one to watch when the deal finally closes.

— Dan Jones, Site Editor, Unstrung

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