They just issued a press release and said they have no comment on why the stock price jumped but they did mention what they are about. Here is what they said.
"Pulse Electronics is a leading electronic components partner that helps customers build the next great product by providing the needed technical solutions. Pulse Electronics has a long operating history of innovation in magnetics, antennas and connectors, as well as the ability to ramp quickly into high-quality, high-volume production. The company serves the wireless and wireline communications, power management, military/aerospace and automotive industries. Pulse Electronics is a participating member of the IEEE, SFF, OIF, HDBaseT Alliance, CommNexus, and MoCA. Visit the Pulse Electronics website at www.pulseelectronics.com."
Now if you go to their investors relations page and read their about us section you'll notice that the wording is very different from what was posted in the pr they just released. Seems like they gave out a hint and the rumor may be true, imo.
I thought it was funny that they
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