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CA Technologies Holding On Substantial Gain After Initial Jump

After gapping open sharply higher, shares of CA Technologies (CA) continue to see substantial strength in late-day trading on Thursday. CA is currently up by 18.6 percent after reaching a multi-year intraday high.

The initial jump by CA came after the software company agreed to be acquired by chipmaker Broadcom (AVGO) for $18.9 billion.

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