Human Capital Management Stocks on Watch After IBM Snaps-Up Kenexa (CSOD) (ULTI) (SABA) (JIVE)

August 27, 2012 12:11 PM EDT
Peers of Kenexa Corp. (Nasdaq: KNXA) are bid sharply higher Monday after IBM (NYSE: IBM) snapped-up the company for $1.3 billion, or a 42 percent premium to its recent close.

Cornerstone OnDemand (Nasdaq: CSOD), Ultimate Software Group, Inc. (Nasdaq: ULTI), Saba Software, Inc. (Nasdaq: SABA) are three stocks speculators are keeping a close eye. Late-2011 IPO Jive Software (Nasdaq: JIVE) is another stock that traders are watching.

CSOD is up 6.4 percent, ULTI is up 2.5 percent, SABA is up 12.6 percent and JIVE is flat.


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