Computer Networking ETFs Fly On
Posted on July 25, 2012 at 16:35 PM EDT
Computer networking ETFs were top of the heap Wednesday after Riverbed Technology (RVBD) blew away second-quarter forecasts. IShares S&P North American Technology Multimedia Networking Index (IGN) surged 4.08% as Riverbed shares rocketed 27% in six times average volume. Riverbed topped both earnings and sales expectations for Q2 and said Q3 results would be higher than expected. Another IGN holding, Juniper Networks (JNPR) -- the world's No. 2
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