GIMO

Reuters reported earlier today that Gigamon is ready to hold talks with interested buyers. The shares appreciated 9% on the news and now stand at a bit less than $43. We have held Gigamon shares in our portfolio for the past several weeks, after the shares crashed in the wake of the 2nd of two…

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Gigamon

Gigamon (GIMO) shares are trading 11% higher this morning in the wake of an announcement by activist investor Elliot that it had accumulated a 15% stake in the company. The shares were up about 10% last week after falling sharply the prior week in the wake of disappointing guidance. GIMO is one of the holdings…

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