Shares of MaxLinear (MXL) jumped to a new high Friday, but gave back most of their gain by the close of trade.
MaxLinear was up as much as 6.5% before ending with a gain of 0.35, or 2%, to 17.51. Volume was heavy.
The maker of broadband and wireless communications equipment cleared a 14-week consolidation. But the stock had already broken out past the 16.29 buy point of a double-bottom base.