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Fusion-IO (FIO) Moves On Takeover Rumors

February 17, 2012 10:38 AM EST
FIO Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Fusion-IO (NYSE: FIO) is on the move mid-day on renewed, albeit questionable takeover chatter. Some are suggesting that Intel (Nasdaq: INTC) could target the company in a deal, although the sources of the chatter appear questionable. Despite the murky nature of the rumors, shares are up 5.5%.


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