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Infineon (IFX) Sees Continued Upside Move

April 8, 2009 1:02 PM EDT
Infineon Technologies AG (NYSE: IFX) is seeing an pick-up in activity over the past little bit. After trending higher all day, shares of IFX are now up 18%. Volume is also strong.

Infineon Technologies had an 17% run-up on Monday after UBS upgraded the stock saying it is likely to get government financing. Yesterday, the stock consolidated 7% of those gains.

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