BMC Software (BMC +2.8%) follows the tech sector higher after 5.5% activist shareholder Elliott...

|About: BMC Software, Inc. (BMC)|By:, SA News Editor

BMC Software (BMC +2.8%) follows the tech sector higher after 5.5% activist shareholder Elliott Associates issues a PR questioning recent comments from BMC about the health of its business, and the company responds with a short PR defending its remarks. BMC rallied a week ago on news of Elliott's stake in the company, even though it adopted a poison pill in response.