Quest Software (QSFT) Volatility Pops Higher; Multiple Proposals Submitted at End of 'Go-Shop' Period

May 9, 2012 9:47 AM EDT
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Quest Software, Inc. (Nasdaq: QSFT) is feeling the love Wednesday following the end of its "go-shop" period, which landed the company with multiple proposals. Shares are up about 10 percent in early trade as investors mull just what those proposals might be.

Implied volatility on Quest is up about 100 percent from Tuesday's close and 135 percent over its trailing historical average.

To read more on the bids, click here.

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