News affects stock performance
How News
affects the performance of a stocks.
You should always watch out for news about stocks News.
Example: Jan 18th,
2022.
Microsoft
Corp. plans to acquire Activision
Blizzard Inc. in its
largest deal yet as it looks to boost its gaming business and capture
opportunities in the metaverse.
The technology giant announced
Tuesday that it would purchase the videogame publisher for $95 a share in an
all-cash transaction that values Activision at $68.7 billion . The per-share
bid represents a 45% premium to Friday's closing price of $65.39.
The deal is Microsoft 's
(MSFT)largest at more than double the value of its $26.2 billion merger with
LinkedIn that was announced in 2016.
Activision shares (ATVI) are up
27% in morning trading Tuesday, while Microsoft shares are off 0.2%.
Comments
Post a Comment