Why Xilinx Stock Jumped Today

Joe Tenebruso, The Motley Fool
·1 min read
Why Xilinx Stock Jumped Today
Why Xilinx Stock Jumped Today

What happened Shares of Xilinx (NASDAQ: XLNX) leaped 8.6% on Tuesday after the company said it would be acquired by rival Advanced Micro Devices (NASDAQ: AMD). So what AMD reached an agreement to purchase Xilinx for $35 billion in stock.