Quest Software up 9.5% After Announcing End of "Go-Shop" Period

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Quest Software (NASDAQ: QSFT) is trading higher on the session after announcing the end of "go-shop" period. The company said the board special committee designates multiple parties as qualified go-shop bidders.Quest Software provides IT management solutions. Its products solve IT challenges ranging from database management, data protection, identity and access management, monitoring, user workspace management to Windows management. The shares of Quest Software are currently trading at $25.02, a gain of $2.18 or 9.54%.

27% profits every 20 days?

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