10-25-18 6:37 PM EDT | Email Article

Mellanox Technologies Inc. (MLNX) shares jumped more than 15% in late trading Thursday after a report that the company had hired an adviser to seek a sale. CNBC reported (https://www.cnbc.com/2018/10/25/mellanox-working-with-adviser-on-possible-sale.html) that the data-center equipment provider had received interest from at least two potential suitors, based on anonymous sources. Before the after-hours gains, the stock increased 10.3% in regular trading Thursday, after Mellanox reported strong earnings Wednesday night.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

 

(END) Dow Jones Newswires

10-25-18 1837ET

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