Splunk surges following deal to be acquired by Cisco Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Splunk (SPLK) up 20% after Cisco (CSCO) and the company announced a definitive agreement under which Cisco intends to acquire Splunk for $157 per share in cash, representing approximately $28B in equity value
- PolyPid (PYPD) up 6% after announcing that the Israeli Ministry of Health has completed a successful Good Manufacturing Practice audit of the company's manufacturing facility without any critical or major findings
UP AFTER EARNINGS -
DOWN AFTER EARNINGS -
LOWER -
- Broadcom (AVGO) down 6% after The Information reported executives at Google (GOOGL) have "extensively" discussed ditching the company as an AI chip supplier as early as 2027
- Cisco (CSCO) down 4% after the company and Splunk announced a definitive agreement under which Cisco intends to acquire Splunk in a deal representing approximately $28B in equity value
Symbols:
SPLK - $119.58 /
+0.295 (+0.25%)
PYPD FDX - $250.48 /
+0.505 (+0.20%)
DRI FDS CSCO AVGO - $830.40 /
-14.59 (-1.73%)
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