Cavium Networks Broke Out To New High For Year Friday

Cavium Networks Inc. (CAVM) announced Friday morning that it completed its acquisition of MontaVista Software Inc.

Cavium Networks gapped up Friday and climbed in early trade. Shares rose further around midday and continued to rise late in the afternoon. The stock finished up by $1.49 at $23.11 and broke out to a new high for the year.

by RTTNews Staff Writer

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