EdgeWater 1/6/2011 12:02:31 AM
News / Business

Communication Equipment Stocks Higher (NOK, QCOM, PWAV, CIEN)

Communication Equipment Stocks Higher

Nokia Corporation (ADR) (NYSE:NOK) added 1.88% to $10.86. Nokia Corporation is engaged in the manufacturing of mobile devices and in converging Internet and communications industries.

The stock has average daily volume of 16.41 million shares. At current market price, the market capitalization of the company stands at $40.67 billion.

QUALCOMM, Inc. (NASDAQ:QCOM) gained 1.57% to $50.97. QUALCOMM Incorporated designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies.

Over the past six months of trading sessions, the stock jumped more than 57%.

Power wave Technologies, Inc. (NASDAQ:PWAV) jumped 15.89% to $2.99. The 52-week range of the stock is $1.05-$3.03.

Power wave Technologies, Inc. is a global supplier of end-to-end wireless solutions for wireless communications networks.

Ciena Corporation (NASDAQ:CIEN) went up 3.55% to $22.48. The average daily volume of the stock is 5.11 million shares. At current market price, the market capitalization of the company stands at $2.12 billion.

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