Shares of Palm Inc. (PALM 5.21, +0.56, +12.04%) rose nearly 12% to $5.19 in pre-market trade on Friday after reports HTC Corp. of Taiwan said in a regulatory filing that it would not comment on a published reports that it was in talks to acquire the smartphone maker. Earlier in the week shares of Palm rallied on speculation it might be acquired by PC maker Lenovo.

Source: Market Watch

Handhelds · HTC Corporation · Lenovo · Palm · Palm OS · Personal computer · Smartphone · Taiwan