Rambus Inc. Is Climbing After Raising Q3 Guidance

Rambus Inc. (RMBS) increased its third quarter revenue forecast to between $27 million and $28 million after the close Tuesday, from prior expectations of $22 million to $25 million. The stock is now up 0.56 on 94K shares.

Rambus Inc. traded in a range for the majority of Tuesday's session and finished up by 0.28 at $18.03. The stock has been moving in a narrow range for over a week.

by RTTNews Staff Writer

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