share price is rocketing today as rumors circulate that it is a takeover target.
Shares in the stock hit a high of $70 28/32, for a gain of 9.8 percent from their Monday close. The price is a new high for the stock. At 3 pm shares the shares were up more than 5.5 percent in value at $68 11/16.
Published reports say the rise in the stock is due to rumors of a buyout of the firm. The identtity of the firm, according to the rumors, it either European or American.
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