The software company is trading higher after a report that the company is exploring a sale. However, the company has hired investment bankers in order to consider alternatives.
The CNN Money Fear and Greed index showed further decline in overall market sentiment, but the index remained in the "Greed" zone on Wednesday.
U.S. stocks closed lower on Wednesday, with the Dow Jones index recording losses for the third consecutive day.
U.S. stocks traded mixed toward the end of trading on Wednesday.
The Dow traded up 0.05% to 36,143.40 while the NASDAQ fell 0.06% to 14,221.51. The S&P 500 also fell, dropping, 0.05% to 4,564.73.
U.S. stocks traded mostly flat midway through trading, with the S&P 500 turning lower on Wednesday.
The Dow traded up 0.01% to 36,126.75 while the NASDAQ rose 0.03% to 14,233.77. The S&P 500 also fell, dropping, 0.05% to 4,565.09.