Home Options Shares of Juniper Briefly Rise on Takeover Speculation

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Shares of Juniper (JNPR) rose briefly in trading on Friday due to takeover speculation. The stock has been the subject of takeover rumors before, and the recent declines in the equities markets tend to increase speculation of potential takeovers due to currently reduced prices for most equities, but this generally is not a good reason to anticipate increased interest in a buyout, particularly since it would take considerable time for any potential deal to close. Nevertheless, JNPR shares briefly rallied on strong volume on Friday before reversing and settling down -2.08% at 26.35. Keep an eye on the stock however since more rumors are likely to emerge, and the company does appear to be a legitimate takeover target given recent M&A trends.


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