Top Communication Equipment Stocks Movers (ALU, MOT, JDSU, NOK)

Alcatel-Lucent (ADR) (NYSE:ALU) slid 2.74% to $3.19 on a volume of 14.23 million shares after today it was downgraded by Bernstein from “market perform” to “underperform.”  Over the past 52-weeks, the stock traded within the range of $2.25-$4.00. The stock has decreased 8.27% in the last one week trade and plunged 3.92% in this year. Motorola, Inc. (Public, NYSE:MOT) fell 0.98% to $8.12 over a volume of 11.76 million shares.  The company announced that DROID PRO, the first Android based smartphone optimized for business use, will be available as a pre-sale order at select Verizon Wireless Communications Stores and online at www.verizonwireless.com starting November 9, 2010 and for purchase in stores starting November 18, 2010. The DROID PRO will be available for $179.99 after a $100 mail in rebate with a new two-year customer agreement. JDS Uniphase Corporation (NASDAQ:JDSU) surged 4.89% to $11.96 on an unusual volume of 11.27 million shares. Over the weekend, a Barron’s article said the company appears “well-positioned to benefit from the growing thirst for Web-video access.” Over the past 52-weeks, the stock has been trading within the range of $6.26-$13.95. Nokia Corporation (ADR) (NYSE:NOK) went down 1.30% to $10.63 on a volume of 10.06 million shares after WestLB downgraded the stock from Neutral to Sell. Nokia Corporation (Nokia) is engaged in the manufacturing of mobile devices and in converging Internet and communications industries. Over the past 52-weeks, the stock has been trading within the range of $8.00-$15.89.
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