Gabelli Maintains Hold on Clearwire

Gabelli is out with its report today on Clearwire (NASDAQ: 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.