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These 2 Tech Stocks Saw 40%+ Gains Wednesday

These 2 Tech Stocks Saw 40%+ Gains Wednesday

Stocks got whipsawed on Wednesday as initial excitement at the idea that the Federal Reserve might slow the pace of interest rate hikes gave way to the dawning realization that the central bank will remain utterly committed to fighting inflation, seemingly at all costs. The all-cash transaction values the company at $570 million, with shareholders to receive $10.50 per share for their holdings.