No Optical Illusion
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Shares of San Jose-based SDL (ticker symbol: SDLI) soared to a record high Tuesday amid speculation that the fiber-optic equipment maker, whose stock has more than doubled this year, could be bought. Corning, which jumped $15 to a record $248, is eyeing SDL as a possible acquisition target to keep up with industry leader
JDS Uniphase,
according to
TheStreet.com.
Tuesday:
$283.19,
up $21.20
Source: Bloomberg News
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