Mentor Graphics Up 6% On Carl Ichan Gaining Board Seats (MENT)

Mentor Graphics Corporation MENT shares are up sharply today, on the back of news that Carl Icahn has won three seats on the company's board Shares approved all five of Mentor Graphics' proposals on the agenda at the Annual Meeting. At last check, shares of Mentor Graphics were up 93 cents to $15.26, a gain of 6.5% on 1.6 million shares. Mentor Graphics Corporation supplies electronic design automation systems used to automate the design, analysis, and testing of electronic hardware and embedded systems software in electronic systems and components worldwide.