Ingram Micro Up In Pre-Market On Fast Money Mention (IM)

Ingram Micro Inc. IM is up nearly 4% in pre-market trading after Anthony Scaramucci mentioned it last night on CNBC's Fast Money. Scaramucci said that the semiconductor company was the Hedge Fund Trade of the Week. ”It has $7.36 in cash or net negative debt,” Scaramucci said. "It's been profitable every quarter since it went public due to a great management team." Shares of IM are up 71 cents in pre-market trading to $19.50. Scaramucci runs Skybridge Capital, a hedge fund with over $7 billion in assets.
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