Scalper1 News
Mellanox Technologies (MLNX) stock recovered some composure Thursday after the fabless chipmaker hiked revenue guidance. Shares dropped Wednesday after the company announced a deal to acquire data center chipmaker EZchip (EZCH) for $811 million. Mellanox stock tumbled as much as 11% early Wednesday before rebounding and closing down 5%. In the stock market today, Mellanox edged up 0.6% to 38, which was still 4% off Tuesday’s close. EZchip stock Scalper1 News
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