Indexes Drop as Tech Sells Off; Biogen Buys Reata for $7.3B. U.S.
- U.S. indexes fell Thursday, led by declines in tech stocks.
- eBay stock fell the most in the S&P 500, dropping over 5%.
- Biogen is acquiring Reata Pharmaceuticals for $7.3 billion in cash.
- Analyst says Volkswagen's investment in XPeng is bullish for the stock.
- XPeng stock rose over 5% on Thursday following the analyst note.
Barron's 
