Longbow unloads NQ Mobile stake, shares remain higher

|About: NQ Mobile Inc. (NQ)|By:, SA News Editor

Within hours of disclosing it has taken an 8.04% stake in NQ Mobile (NQ +14.1%), Longbow Research discloses it has exited its NQ position, no doubt while booking a nice profit. (amended 13G)

NQ shares dipped following the disclosure, but remain sharply higher on the day.