MaxLinear (MXL) Spikes on Product Launch

MaxLinear Inc. (NYSE: MXL) shares jumped 3.6% to $27.30, on introducing the MxL9162, a 64Gbaud linear coherent transimpedance amplifier for next-generation 400Gbps/600Gbps dense wave division multiplexing coherent systems. Share volume totaled 190,000, compared to an all-day average of 837,000