Riverbed Technology (RVBD) Pleases the Street

By Trader Mark
20 October 2011 @ 10:26 am EDT

It's been a tough road the past few months for networking companies, as worries about a slowing economy and lower technology spending have weighed on the group.  A few high profile names also missed their numbers last quarter, or provided uninspiring guidance.  This has wrecked a lot of charts, including that of Riverbed Technology (RVBD).  Last evening, the company reported a good set of numbers, and the stock is amongst the upside leaders today.

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