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.

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