Huge Move In Aruba Networks (ARUN)

Shares of Aruba Networks ARUN have surged over 7.30% to $22.75 during Wednesday's broad market rally. The stock trades at a forward P/E of 34.48 and a PEG ratio of 1.90. Year-to-date, ARUN has surged more than 113%. The company has a market cap of $2.22 billion. Aruba Networks, Inc. connects local and remote users to corporate information technology (IT) resources via distributed enterprise networks. The Company's portfolio of campus, branch office, teleworker, and mobile solutions simplify operations and provide secure access to all corporate applications and services regardless of a user's device, location, or network.