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Emulex Corp. (ELX) Surged To A 5-Month High

Emulex Corp. (ELX) gapped open higher Wednesday and rose sharply in early trade, before settling into a narrow range. The stock closed up by 0.96 at $7.62, with volume at a 5-month high.

Emulex closed challenging resistance, trading at a 5-month high. The stock also re-crossed its 200-day moving average.

by RTTNews Staff Writer

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