Savvis (SVVS +5%) shares swing wildly as a report casts doubt on speculation that the data...

|By:, SA News Editor

Savvis (SVVS +5%) shares swing wildly as a report casts doubt on speculation that the data center hosting firm was preparing to sell itself. Savvis CEO Jim Ousley reportedly says, “We have no idea where that rumor came from, we’ve never talked to those people.” An earlier report said Savvis had retained Qatalyst Partners, led by Fred Quattrone, to shop it.