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Marketo jumps 15% on chatter about exploring possible sale

May 10, 2016 2:48 PM ETMarketo (MKTO) StockMSFT, ADBE, SAP, MKTOBy: Jason Aycock, SA News Editor
  • Marketo (NASDAQ:MKTO) has resumed trading after a volatility halt, spiking up 15.5% on reports that it's considering strategic options, including a possible sale of the company.
  • Shares had moved in early April on similar talk, possibly with acquisition interest from Microsoft or SAP.
  • Later last month, Bernstein speculated that most likely acquirers were SAP, Adobe (NASDAQ:ADBE) and Microsoft (NASDAQ:MSFT).
  • Now read Competition The Issue As Marketo Pivots To Enterprise »
  • »

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