Benzinga | Sep 25, 2020 10:41AM EDT

Why MobileIron's Stock Is Trading Higher Today

MobileIron (NASDAQ:MOBL) shares are trading higher on Friday as traders circulate unconfirmed M&A speculation in the name.

MobileIron provides a purpose-built mobile IT platform. The company's platform enables enterprises to manage and secure mobile applications, content, and devices while providing their employees with device choice, privacy, and native user experience.It serves to midsize and large enterprises.

MobileIron shares were trading up 16.97% at $6.48 at the time of publication on Friday. The stock has a 52-week high of $7.30 and a 52-week low of $2.94.