Gabelli Maintains Hold on Clearwire

Gabelli is out with its report today on Clearwire CLWR, maintaining Hold. In its report, Gabelli writes, "While we recommend Holding shares, we reiterate that CLWR is statistically cheap at $0.14/MHz*POP. PMV of $6.18." At the time of posting, shares of CLWR were trading pre-market at $3.33, up 10.63% from Friday's close.