Latest Market News
Shares of Microbot Medical Inc. MBOT, -8.83% rocketed 67.3% toward a nine-month high on heavy volume in premarket trading Monday, after the pre-clinical medical device company announced an agreement with Stryker Corp. SYK, +0.24% to develop the first dedicated robotic procedural kits for use in certain neurovascular procedures. Trading volume ballooned to 9.6 million shares, […]
News Corp NWS, +0.33% announced Monday an agreement to buy the Base Chemicals business from S&P Global Inc. SPGI, -0.39% and IHS Markit Ltd. INFO, -0.44% for $295 million in cash. Base Chemicals, which is known for its pricing data, insights, analysis and forecasting capabilities for base chemicals, has about 185 employees and was expected […]
FactSet Research Systems Inc. FDS, +0.91% announced Monday an agreement to buy CUSIP Global Services (CGS) from S&P Global Inc. SPGI, -0.39% for $1.925 billion in cash. FactSet said it will fund the deal through a combination of cash-on-hand and committed financing. The deal is expected to close during the first quarter of 2022. FactSet […]
Shares of Peloton Interactive Inc. PTON, -2.59% dropped 2.8% in afternoon trading Tuesday, putting them on track for the lowest close since May 4, 2020, after Raymond James analyst Aaron Kessler said he’s seen signs of “continued softness” in the December quarter. The at-home fitness company’s stock has plummeted 58.5% since it reported after the […]
Major cryptocurrencies tumbled amid concerns about the omicron variant and holiday travel disruptions around the globe. Bitcoin BTCUSD, -6.20% traded 7.4% lower from 24 hours ago at around $47,849. The cryptocurrency was down more than 30% from its all-time high of $68,990 in November, according to CoinDesk data. Ether ETHUSD, -6.27% declined 7.6% over the […]
Shares of Tesla Inc. TSLA, -0.68% slipped 0.2% in midday trading Tuesday, paring earlier gains of as much as 2.3%, and putting them in danger of their first loss in five sessions. Meanwhile, Argus Research analyst Bill Selesky affirmed his buy rating and boosted his stock price target by 30%, to $1,313 from $1,010, citing […]