QLogic (QLGC -4.4%) remains weak after reporting its FQ1 results late yesterday. The current...

|About: QLogic Corporation (QLGC)|By:, SA News Editor

QLogic (QLGC -4.4%) remains weak after reporting its FQ1 results late yesterday. The current quarter topped estimates, but follow-on guidance for Q2 was weak. Baird cuts the stock to neutral on concerns over H2, including worries about a dip in demand in front of the refresh of Intel's Romley platform.