NetLogic Microsystems (NETL) volatility elevated into Broadcom (BRCM) $3.7B purchase
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Broadcom (BRCM) announced the purchase of NetLogic Microsystems (Nasdaq: NETL) for $50 per share. NETL overall option implied volatility of 57 is above its six-month average of 45 according to Track Data, suggesting larger price movement.
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