Palm stock jumped about 20% on rumors that Lenovo might buy Palm.
The rumors are not very solid and analysts have doubts that Lenovo would really be interested.
Palm stock has crumbled the last couple of months as the company did not meet its ambitious goals with the new webOS devices.
It is unclear how Palm can turn things around right now. Does the company have the sustainability to release another generation of new Palm phones or is getting bought the only way out?
Via Fox Business and Yahoo!.
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