Radware Rising on Heavy Volume (RDWR)

Shares of Radware Ltd. (NASDAQ: RDWR) are popping this afternoon on higher than normal volume. Shares were trading at $32.23 just a few minutes ago when 162,000 shares were purchased aggressively within one minute, pushing the share price to $32.46, higher by 6.46% on the session.

RDWR hit a high of $35.65 right after the spike. There does not appear to be any news out on the name right now, though RDWR recently saw a huge spike in the stock on takeover rumors.

Radware Ltd. develops, manufactures and markets integrated networking solutions that allow its enterprise and carrier customers to deliver their mission critical applications between data centers and remote locations, over all critical points in the network. Radware solutions, in all situations, include both Application Delivery and Network Security solutions.

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