Plus   Neg

Mellanox Technologies Ltd. (MLNX) Is Climbing On Reports Of Possible Sale

CNBC reported after the bell Thursday that Mellanox Technologies Ltd. (MLNX) has hired a financial adviser to explore a sale of the company. The move comes after it received takeover interest from at least two companies.

Mellanox Technologies gapped open sharply higher Friday morning and is now up 10.57 at $83.34 on above average volume. The stock has jumped to a 2-month high.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT