Choice Hotels gains, Wyndham Hotels & Resorts slips following expiration of acquisition proposal Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- L.S. Starrett Co. (SCX) up 58% after announcing that it has entered into a definitive merger agreement in a go-private transaction with an affiliate of MiddleGround Capital in an all-cash transaction for $16.19 per share
- Choice Hotels (CHH) up 6% after announcing expiration of its offer to acquire Wyndham (WH) and increasing its share repurchase program by 5M shares
- Equitrans Midstream (ETRN) up 5% after EQT Corporation (EQT) agreed to acquire its former pipeline unit in an all-stock transaction to create a vertically integrated natural gas business
UP AFTER EARNINGS -
DOWN AFTER EARNINGS -
LOWER -
- EQT Corporation (EQT) down 5% after reporting the company will acquire Equitrans (ETRN) in an all-stock transaction
- Wyndham Hotels & Resorts (WH) down 3% after Choice Hotels (CHH) this morning ended its attempt to acquire the company
- Boeing (BA) down 2% after The Wall Street Journal reported the Justice Department has opened a criminal investigation into the 737 MAX blowout on an Alaska Airlines (ALK) flight
- Applied Materials (AMAT) down 1% after increasing its quarterly dividend 25% to 40c per share
Symbols:
CHH LXRX LXEO KALV FTRE BA EQT AMAT WH SCX ETRN ALK Keywords: Fly Intel, Wall Street, Top Stories, Stocks