Shares of Hostess Brands Inc. TWNK, +19.16% jumped 19% after Twinkies parent announced an agreement to be acquired by J.M. Smucker Co. SJM, -6.25% in a cash and stock deal valued at $5.6 billion.
Canopy Growth Corp. shares CGC, +37.28% ran up 41%, and have more than tripled in the past two weeks as part of a big, broad rally in the cannabis sector. A move by the Drug Enforcement Administration to review the Schedule I status of cannabis has fueled optimism in the sector. Walt Disney Co.’s stock DIS, +0.23% gained 2% and Charter Communications Inc. shares CHTR, +3.19% climbed 2.2%, after The Wall Street Journal reported the company’s reached an agreement that would end their carriage dispute.
Crinetics Pharmaceuticals Inc.’s stock CRNX, +68.05% rocketed 67% after the drugmaker announced positive results from a late-stage study of paltusotine, its investigational treatment for acromegaly.
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These Stocks Are Moving the Most Today: Tesla, Qualcomm, Hostess Brands, RTX, Meta, Alibaba, and MoreShares of Tesla are upgraded to Buy from Hold at Morgan Stanley, Qualcomm will supply modem chips for Apple's iPhones through to 2026, and J.M. Smucker will...
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »