Mellanox (MLNX +4%) is having a good day - as is often the case, The Fly on the Wall reports the...


Mellanox (MLNX +4%) is having a good day - as is often the case, The Fly on the Wall reports the gains are due to M&A speculation. With 23.8% of the float was shorted as of Jan. 31, a short-squeeze isn't hard to produce. This morning, Mellanox announced Ethernet adapter card/switch solutions for the OpenStack cloud infrastructure platform; the hardware is meant to improve networking performance for virtualization deployments, and increase storage throughput.

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