Neogames skyrockets following agreement to be acquired Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Neogames (NGMS) up 114% after announcing that it has entered into an agreement to be acquired by Aristocrat Leisure for $29.50 per share in an all-cash transaction, representing an enterprise value of approximately $1.2B
- Sarepta (SRPT) up 26% after announcing that the FDA Cellular, Tissue and Gene Therapies Advisory Committee voted 8 to 6 in support of accelerated approval of SRP-9001 for the treatment of ambulatory patients with Duchenne muscular dystrophy with a confirmed mutation in the DMD gene
- Shake Shack (SHAK) up 4% after The Wall Street Journal reported activist investor Engaged Capital has built a 6.6% stake, including swaps, and is planning to run a proxy fight for three board seats
- Magellan Midstream Partners (MMP) up 16% after ONEOK (OKE) announced a deal to acquire all outstanding units of Magellan in a cash-and-stock transaction valued at approximately $18.8B including assumed debt
UP AFTER EARNINGS -
- Monday.com (MNDY) up 15%
- Rockwell Medical (RMTI) up 12%
- C3.ai (AI) up 9%
DOWN AFTER EARNINGS -
LOWER -
- H&R Block (HRB) and Intuit (INTU) down 7% and 4%, respectively after WSJ reported the Biden administration is considering creating a government-run alternative to TurboTax and H&R Block's tax-prep offerings
- Oneok (OKE) down 6% after the company and Magellan Midstream Partners (MMP) announced that they have executed a definitive merger agreement under which Oneok will acquire all outstanding units of Magellan in a cash-and-stock transaction valued at approximately $18.8B
Symbols:
SHAK NGMS - $12.76 /
-1.585 (-11.05%)
SRPT AI MNDY RMTI LICY HRB INTU OKE MMP Keywords: Fly Intel, Wall Street, Top Stories, Stocks