Significant Stock Price Changes for Multiple Companies
Acquisitions and stake sales drive major shifts in the stock market.
- Bristol-Myers Squibb Co. acquires biotech company RayzeBio Inc., causing a significant increase in RayzeBio's stock price.
- Manchester United Plc sells a minority stake to British billionaire Jim Ratcliffe, leading to a rise in its stock value.
- Hollysys Automation Technologies Ltd. receives an updated buyout offer from a consortium led by Dazheng Group Acquisition, resulting in a stock price increase.
- Shipping companies, including ZIM Integrated Shipping Services Ltd., experience a decrease in stock prices after Maersk prepares to allow vessels to resume sailing through the Red Sea.
- Shanghai-based biopharmaceutical company Gracell Biotechnologies Inc. agrees to be acquired by AztraZeneca, causing a rise in its stock value.