Clearwire Corp. (NASDAQ: CLWR) is down 19.7% at $2.24. Reality set in for investors after Sprint and SoftBank denied speculation that one would make a larger investment in the wireless carrier. More coverage here.
Bankrate Inc. (NYSE: RATE) is down 24.8% at $10.90 after posting a new 52-week low of $10.30 earlier today. The personal finance company guided revenue and earnings lower after markets closed last night. More coverage here.
Nokia Corp. (NYSE: NOK) is up 6% at $2.84. The mobile phone maker might have gotten a boost from Microsoft Corp.'s (NASDAQ: MSFT) announced availability of the Surface tablet -- either that or the company's earnings results, which are due Thursday. Most likely reason - short covering.
Stay tuned for Wednesday. We have also noted the following events on the schedule (all times Eastern):7:00 a.m. - Mortgage Bankers Association purchase applications 8:30 a.m. - Housing starts 10:30 a.m. - EIA weekly petroleum status report