Mellanox Technologies Ltd (MLNX.OQ)
JERUSALEM Israeli chip maker Mellanox Technologies saw its shares surge on the Nasdaq on Tuesday after activist hedge fund Starboard Value LP bought a 10.7 percent stake to influence strategy.
JERUSALEM, Nov 21 Israeli chip maker Mellanox said on Tuesday it welcomed a dialogue with its shareholders after news that activist investor Starboard Value LP had bought a 10.7 percent stake in the company.
* Mellanox achieves record quarterly revenue in the third quarter 2017
* Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S