SeaChange spikes on Brean Murray M&A note

|About: SeaChange International, Inc. (SEAC)|By:, SA News Editor

SeaChange (SEAC +5.5%) shares jump after Brean Murray releases a note on why the boutique believes the company will be bought out at $20/share (implying a 72% premium from yesterday's close).

Following the note, SEAC jumped to just shy of 52-week highs notched in July before fading slightly.