Why MobileIron Stock Just Popped 13%

Shares of MobileIron (NASDAQ: MOBL) are hot as a frying pan this morning, rising 13.5% through 10:45 a.m. EDT, after Bloomberg reported that the company may be seeking a sale.  

MobileIron, which provides cybersecurity for mobile devices, has not yet confirmed the news, and even Bloomberg's sources admit that "the company could opt to remain independent."

"Did you hear the rumor about MobileIron?" Image source: Getty Images.

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Source Fool.com