KnowBe4 climbs following agreement to be acquired by Vista Equity Partners Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- KnowBe4 (KNBE) up 13% after announcing that it has entered into an agreement to be acquired by Vista Equity Partners in an all-cash transaction valued at approximately $4.6B on an equity value basis
- El Pollo Loco (LOCO) up 14% after its board declared a special dividend of $1.50 per share and approved a new share repurchase program with authorization to purchase up to $20M of shares
- Intel (INTC) up 1% after Bloomberg reported the company is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a slowing personal-computer market
UP AFTER EARNINGS -
- PepsiCo (PEP) up 2%
- Superior Drilling (SDPI) up 4%
DOWN AFTER EARNINGS -
- Genetron (GTH) down 3%
- Wipro (WIT) down 1%
LOWER -
- Philips (PHG) down 11% after reporting preliminary Q3 results
- Owens & Minor (OMI) down 16% after providing Q3 guidance below expectations and cutting its FY23 outlook
- Cameco (CCJ) down 12% after partnering with Brookfield Renewable (BEP) to acquire Westinghouse Electric Company in a deal with a total enterprise value for Westinghouse of $7.875B
Symbols:
KNBE INTC LOCO PEP SDPI GTH WIT PHG OMI CCJ BEPBrookfield Renewable Partners
Keywords: Fly Intel, Wall Street, Top Stories, Stocks