NetGear (NTGR +6.7%) has rallied after Wi-Fi equipment peers Ruckus Wireless and Aruba Networks...

|By:, SA News Editor

NetGear (NTGR +6.7%) has rallied after Wi-Fi equipment peers Ruckus Wireless and Aruba Networks each received multiple coverage launches. The fact many of the launch reports touched on healthy enterprise Wi-Fi demand could be stoking interest in NetGear, which trades at lower multiples (but is also growing slower). 10.5% of NetGear's float was shorted as of Nov. 15.