{"id":547178,"date":"2010-04-29T10:10:19","date_gmt":"2010-04-29T14:10:19","guid":{"rendered":"16115 at http:\/\/www.precentral.net"},"modified":"2010-04-29T10:10:19","modified_gmt":"2010-04-29T14:10:19","slug":"shares-of-palm-stock-up-24-in-early-trading","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/547178","title":{"rendered":"Shares of Palm stock up 24% in early trading"},"content":{"rendered":"<p class=\"rtecenter\"><img decoding=\"async\" src=\"http:\/\/www.precentral.net\/sites\/precentral.net\/files\/articleimages\/Derek%20Kessler\/2010\/04\/thumb_450_hp-descent.jpg\" alt=\"HP\" class=\"lightbox2\" \/><\/p>\n<p class=\"rteleft\"><a href=\"http:\/\/admin.precentral.net\/hp-buys-palm\">HP&rsquo;s offer for Palm was for $5.70 a share<\/a>, a hefty premium over yesterday&rsquo;s closing price of $4.63. Understandably, when the news of HP&rsquo;s purchase broke, both the volume and price of Palm&rsquo;s stock skyrocketed, with Palm stock opening the day up nearly 24% from yesterday afternoon. Right now shares of Palm are trading around $5.74 (yes, higher than HP&#8217;s offer), with investors hedging that somebody else is going to come in and place a higher bid for Palm than HP&rsquo;s $1.2 billion package. We wouldn&rsquo;t count on it, and we&rsquo;re not sure we could take the excitement either. Chart after the break.<\/p>\n<p><a href=\"http:\/\/www.precentral.net\/shares-palm-stock-24-early-trading\" >read more<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?a=Bqbhh5VuE8M:k6wZC58WAjo:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?a=Bqbhh5VuE8M:k6wZC58WAjo:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?a=Bqbhh5VuE8M:k6wZC58WAjo:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?i=Bqbhh5VuE8M:k6wZC58WAjo:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?a=Bqbhh5VuE8M:k6wZC58WAjo:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Precentralnet?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Precentralnet\/~4\/Bqbhh5VuE8M\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HP&rsquo;s offer for Palm was for $5.70 a share, a hefty premium over yesterday&rsquo;s closing price of $4.63. Understandably, when the news of HP&rsquo;s purchase broke, both the volume and price of Palm&rsquo;s stock skyrocketed, with Palm stock opening the day up nearly 24% from yesterday afternoon. Right now shares of Palm are trading around [&hellip;]<\/p>\n","protected":false},"author":666,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-547178","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/547178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/666"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=547178"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/547178\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=547178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=547178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=547178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}