RF Micro Devices gains as Jim Cramer trumps analysts (RFMD)

Posted in General, pre-market 
June 19th, 2009

It appears that Cramer trumps the analysts. Despite a UBS downgrade on valuation late yesterday that many are seeing for the first time this morning, RF Micro Devices (Nasdaq – RFMD) is up in strong premarket trading as of 9 a.m. this morning, after the company’s CEO appeared on Cramer’s Mad Money last night, citing strong demand for 3G services in China, and more potential efficiencies. At last check, shares were up more than 3%.

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