Marketo shares soar on report of possible sale

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Shares of marketing-automation software firm Marketo surged almost 25 percent Tuesday after Bloomberg reported, citing people with knowledge on the matter, that the company was in talks with Morgan Stanley about a possible sale.

MKTO intradaySource: FactSet

Bloomberg noted that there is no imminent deal and that talks may not lead to a sale.

Marketo declined to comment. Morgan Stanley did not immediately respond to CNBC's request for comment.

Click here to read Bloomberg's full report.