TranSwitch Rises Sharply After Positive Analyst Comment
TranSwitch
(TXCC)
was up 23.4% in midmorning after
Robertson Stephens
reiterated its buy rating, saying the company has little exposure to the inventory problem that is hurting other communications chipmakers. Other telecom chip companies were also sharply higher.
Scroll to Continue
TheStreet Recommends
Broadcom
undefined
was up 11.1%.
PMC Sierra
(PMCS)
was up 7.9%.
