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Share Name | Share Symbol | Market | Type |
---|---|---|---|
(MM) | NASDAQ:MERU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.62 | 0 | 01:00:00 |
SUNNYVALE, Calif., March 11, 2015 /PRNewswire/ -- Meru Networks® (NASDAQ: MERU), a leader in intelligent Wi-Fi networking, today commented on the recent trading activity in its stock. There has been an uncharacteristically high volume of trading in the Company's common stock on March 9, 10, and 11, 2015. This has caused the Company's management to believe it necessary to advise our investors that this high volume was not the result of any trading activity by the Company or its management or members of the board of directors, or to management's knowledge, any nonpublic information about any material event or development regarding the Company's business or operations.
On March 9, 2015, after the close of trading, the Company did file a report on Form 8-K with the SEC regarding changes in the board and director nominees. Information about the Company for investors is available on our website http://www.merunetworks.com and in our reports, proxy and information statements and other information regarding our filings at http://www.sec.gov ."
About Meru Networks
Meru Networks (NASDAQ: MERU) is a leader in intelligent 802.11ac Wi-Fi solutions delivering uninterrupted user experience for education, healthcare, hospitality and enterprise. The Meru open-standards-based architecture is designed to enable unified management of wired and wireless networks. Its end-to-end application QoS enables enforceable service-level agreements. Meru provides top performance and high capacity in high-density environments. Visit www.merunetworks.com or call (408) 215-5300 for more information.
©2015 Meru Networks. Meru is a registered trademark and the Meru logo is a trademark of Meru Networks, Inc. in the United States. All other trademarks mentioned in this document are the property of their respective owners.
Press Contact
Wilson Craig
Mindshare PR
+1 408 516 6182
wilson@mindsharepr.com
Investor Contact
Edward Keaney
(415)-445-3238
ir@merunetworks.com
Logo - http://photos.prnewswire.com/prnh/20100621/SF23611LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/meru-networks-comments-on-recent-trading-activity-300049484.html
SOURCE Meru Networks
Copyright 2015 PR Newswire
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