– Shares of the biotech name jumped more than 58% after the company said it is being bought by Bristol-Myers for $13.1 billion, which represents a 61% premium to Friday's closing price. "The acquisition of MyoKardia further strengthens our portfolio, pipeline and scientific capabilities, and is expected to add a meaningful medium- and long-term growth driver," Bristol-Myers said in a statement.
— Shares of the world's largest coffee chain ticked 1.6% higher after Oppenheimer named Starbucks an "actionable buy idea" and said it sees "attractive earnings power" for the coffee company.
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