Somewhat Positive News Coverage Somewhat Unlikely to Affect QLogic (QLGC) Stock Price

News coverage about QLogic (NASDAQ:QLGC) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. QLogic earned a news impact score of 0.18 on Accern’s scale. Accern also gave news coverage about the semiconductor company an impact score of 45.851949478088 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

QLogic (NASDAQ QLGC) traded up $0.03 during midday trading on Wednesday, hitting $16.07. 686,700 shares of the stock were exchanged, compared to its average volume of 1,212,598. QLogic has a 52 week low of $8.81 and a 52 week high of $16.14.

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QLogic Company Profile

QLogic Corporation (QLogic), designs and supplies server and storage networking connectivity products that provide and manage computer data communication. The Company’s products facilitate the transfer of data and enable resource sharing between servers, networks and storage. Its products are used in enterprise, managed service provider, consumer Web, and cloud service provider data centers.

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