Athene Holding ascends following $11B Apollo Global merger agreement Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- General Electric (GE) and AerCap (AER) up 3% and 11%, respectively, after The Wall Street Journal reported GE is nearing a $30B-plus deal to combine its aircraft-leasing business, GECAS, with Ireland's AerCap
- Apollo Global (APO) and Athene Holding (ATH) up 1% and 14%, respectively, after the companies entered into a definitive agreement to merge in an all-stock transaction that implies a total equity value of approximately $11B for Athene
- McAfee (MCFE) up 11% after announcing it has entered into a definitive agreement to sell its enterprise business to a consortium led by Symphony Technology Group in an all-cash transaction for $4B
- Adaptive Biotechnologies (ADPT) up 9% after announcing that the FDA issued an Emergency Use Authorization for T-Detect COVID to confirm recent or prior COVID-19 infection
- Second Sight (EYES) up 57% after announcing the FDA has approved the Argus 2s Retinal Prosthesis System
UP AFTER EARNINGS -
DOWN AFTER EARNINGS -
- Niu Technologies (NIU) down 4%
LOWER -
- Cloopen (RAAS) down 5% after Goldman Sachs analyst Tina Hou initiated coverage of shares with a Neutral rating and $16.20 price target, implying 9% downside
- GSX Techedu (GSX) down 3% after CLSA analyst Jeffrey Chan downgraded the stock to Sell from Outperform with a price target of $76, up from $68
Symbols:
APO ATH MCFE GE AER ADPT - $42.20 /
-1.3999 (-3.21%)
EYES XPEV NIU RAAS GSX Keywords: Fly Intel, Wall Street, Top Stories, Stocks