Wednesday, October 27, 2010

Brocade Communications Surges On Renewed Buyout Rumor


Shares of Brocade Communications Systems, Inc. (NASDAQ: BRCD) surged as much as 5% on Wednesday on renewed speculation that the company could be a takeover target. Potential buyers may include Hewlett Packard (NYSE: HPQ) and IBM (NYSE: IBM). Stay tuned for more.


Full Disclosure: None.
Related Posts with Thumbnails

Wikinvest Wire