iGo Up 7% Despite Adage Capital Sale Rumors
iGo, Inc. (NASDAQ: IGOI) shares have rebounded most of their lost from yesterday after rumors that Adage Capital had sold their 22% stake in the company.
At last check, shares were up 11 cents to $1.74, a gain of 6.75% on almost 75,000 shares.
iGo, Inc. and its subsidiaries engage in the design, development, manufacture, and distribution of power products for high-power and low-power mobile electronic devices.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.