Office Properties plummets following deal to acquire Diversified Healthcare Trust Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Diversified Healthcare Trust (DHC) up 4% after announcing that it has entered into a definitive merger agreement with Office Properties Income Trust (OPI), pursuant to which OPI will acquire all of the outstanding common shares of DHC in an all-share transaction
- WW (WW) up 35% after completing its acquisition of Weekend Health, which does business as Sequence, and receiving an upgrade at Goldman Sachs
UP AFTER EARNINGS/GUIDANCE -
- Cognyte (CGNT) up 10%
- CarMax (KMX) up 6%
- Lava Therapeutics (LVTX) up 5%
- Brookdale Senior Living (BKD) up 4%
- PriceSmart (PSMT) up 5%
- Potbelly (PBPB) up 3%
DOWN AFTER EARNINGS/GUIDANCE -
- Adtran (ADTN) down 21%
- Tilray (TLRY) down 6%
LOWER -
- Office Properties (OPI) down 20% after announcing that it has entered into a definitive merger agreement, pursuant to which OPI will acquire all of the outstanding common shares of Diversified Healthcare Trust in an all-share transaction
Symbols:
DHCDiversified Healthcare Trust
WW KMX LVTX CGNT BKD PSMT ADTN TLRY PBPB OPI Keywords: Fly Intel, Wall Street, Top Stories, Stocks