EZChip Goes for Day-Two Losses (EZCH)

Posted in pre-market 
December 17th, 2009

EZchip Semiconductor Ltd. (NASDAQ: EZCH) already fell to $11.55 yesterday from $12.61 on Tuesday, and it did it on over 900,000 shares. Shares are down another 3% this morning at 8:26 AM on 44,000 shares.  The company priced its previously telegraphed secondary offering.  The offering is 3.86 million shares at $10.50 per share and the 52-week trading range is $9.95 to $18.12.

JON C. OGG

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