Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Mellanox (MLNX -6.4%) is having a rough day after announcing CEO Eyal Waldman and CFO Michael...

  • Tuesday, October 23, 2012, 12:28 PM ET
    Mellanox (MLNX -6.4%) is having a rough day after announcing CEO Eyal Waldman and CFO Michael Gray have adopted Rule 10b5-1 trading plans. Waldman's plan will allow him to sell (through a general partnership) 169.1K shares starting in January, and Gray's plan will allow him to sell 55.5K shares. Mellanox was crushed last week after providing soft Q4 guidance, though shares are still up over 100% YTD. (PR)
Track new comments on this story

This news story has 1 comment:

  •  
    I watched a video on the antics of this wild and crazy CEO a few months ago, and sold my shares of MLNX long before the crash. I have zero confidence in the current CEO/CFO team to even think about re-buying this company.
    23 Oct 2012, 01:31 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »