[ad_1]
Here are some of the bigger and more-active stocks for Monday:
Stock gainers:
Teck Resources Ltd.‘s stock
TECK,
is up nearly 11% in premarket trading after the Vancouver-based mining company said it rejected an unsolicited buyout offer from Glencore PLC
GLEN,
Teck is urging shareholders to instead approve an already-announced separation plan of Teck Metals and Elk Valley Resources (EVR) at an April 26 meeting.
Shares of Endeavor Group Holdings Inc.
EDR,
are up 6% after the parent of the mixed martial-arts organization UFC said it has agreed to combine with World Wrestling Entertainment
WWE,
to form a new, publicly listed company, with a combined enterprise value of $21.4 billion. WWE shares are down over 4%.
Stock in Ovintiv Inc.
OVV,
is up over 5% after the hydrocarbon exploration and production company said it would buy assets from a trio of companies for about $4.275 billion in cash and stock.
Life Storage Inc.
LSI,
shares are up over 4% after the real-estate investment trust said rival Extra Space Storage Inc.
EXR,
has agreed to take it over in an all-stock deal that will create an entity with an enterprise value of $47 billion. Extra Space shares are down 2%.
PPG Industries Inc.
PPG,
shares are up nearly 3% after the global supplier of paints, coatings and specialty materials raised its first-quarter adjusted estimate to above Wall Street forecasts.
Stock decliners:
Shares of Stratasys Ltd.
SSYS,
fell 7% after the 3D-printing company said that it’s board of directors had unanimously rejected an unsolicited takeout offer from Nano Dimension last week.
Tesla Inc.
TSLA,
stock is down 2% in premarket trading after the electric-vehicle maker said it delivered 422,875 vehicles in the first quarter, which was shy of the 432,000 analysts had predicted.
[ad_2]
Source link
