Heavy buying in EZchip shares, options after company withdraws from events

Aug 28 2014 4:51PM EST | Source: REUTERS Technology

NEW YORK/BANGALORE (Reuters) - Israel-based EZchip Semiconductor's shares rose 10 percent on Thursday and there was a spike in bullish options bets after the chipmaker canceled expected appearances at upcoming brokerage conferences, sparking talk of a possible deal for the company.