F5 Networks Adds 2% (FFIV)

Shares of F5 Networks

continue to rise, adding around 2% on Monday. The stock is well on its way to recouping the losses it sustained in mid-January after the company reported disappointing earnings and guidance. Prior to the setback, FFIV was trading above $140. During Monday's trading session, the stock has risen 1.71% to $125.81 on heavy volume. More than 5 million shares have traded hands compared to a daily average volume of under 4 million. F5 Networks, Inc. (F5 Networks) is a provider of technology that optimizes the delivery of network-based applications and the security, performance and availability of servers, data storage devices and other network resources.