Fergie's Tech Blog

Extreme Juniper Rumors Are Back

Via LightReading:

Like some classic rock song that repeats it self over and over on the radio, rumors that Juniper Networks Inc. is buying Extreme Networks Inc. are back on the Wall Street airwaves.

One fund manager source, who asked not to be named, says that's what's driven Extreme stock today, which gained $0.21 (4.78%) to $6.40. In fact, Extreme shares traded an unusually large volume of 2.5 million shares, compared to an average of 1.9 million.