QLogic (QLGC) Jumps As Broadcom Pounces On Emulex

Today's 18% upside move in QLogic Corp. (Nasdaq: QLGC) is related to speculation the company could be the next in-line for a takeover after Broadcom (Nasdaq: BRCM) bought competitor Emulex (NYSE: ELX) at a hefty premium.

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