Extreme Networks Inc. (EXTR) Jumps 5.74% on February 12

Equities Staff |

Extreme Networks Inc. (EXTR) was among the biggest gainers on the Russell 2000 for Friday February 12 as the stock popped 5.74% to $2.49, representing a gain of $0.135 per share. Some 586,978 shares traded hands on 3,248 trades, compared with an average daily volume of 1.08 million shares out of a total float of 103.32 million. The stock opened at $2.36 and traded with an intraday range of $2.51 to $2.36.

After today's gains, Extreme Networks Inc. reached a market cap of $256.75 million. Extreme Networks Inc. has had a trading range between $4.55 and $2.11 over the last year, and it had a 50-day SMA of $3.65 and a 200-day SMA of $3.18.

Extreme Networks Inc together with its subsidiaries provides wired and wireless network infrastructure equipment, software and services for enterprises, data centers, and service providers. Its customers include businesses, hospitals, and hotels.

Extreme Networks Inc. is based out of San Jose, CA and has some 1,351 employees. Its CEO is Edward B. Meyercord.

For a complete fundamental analysis analysis of Extreme Networks Inc., check out Equities.com’s Stock Valuation Analysis report for EXTR. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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