Ryanair shares rise on airline’s dividend plan, Organigram soars on investment and Tesla declines

POSCO Holdings Inc. PKX, +15.60% shares surged 15% after South Korea reintroduced a ban on short selling in a bid to level the playing field between retail and institutional investors.

Lumen Technologies Inc.‘s stock LUMN, +13.84% rose 11% after a Securities and Exchange Commission filing showed Chief Executive Kate Johnson scooped up nearly $1 million in stock in the wake of a historic one-day selloff for the telecommunications company. Bluegreen Vacations Holding Corp.’s stock BVH, +105.91% soared 106%, after Hilton Grand Vacations announced a deal to buy it for $1.5 billion in cash, or a premium of 111%.

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Organigram’s stock soars premarket as it receives C$124.6 million investment from BATCiara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
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Organigram Shares Rise 29% After Investment By BAT SubsidiaryBy Chris Wack Organigram Holdings shares were up 29% at $1.50 after a C$124.6 million ($91.1 million) follow-on strategic equity investment from BT DE...
Source: MarketWatch - 🏆 3. / 97 Read more »