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Showing posts with the label Biggest Mves Premarket.

Market Insider | Biggest Moves Premarket: Stocks making the biggest moves premarket: Nvidia, Oracle, Immunomedics, Delta, Nikola & more

Fred Imbert 4-5 minutes - Source: CNBC Check out the companies making headlines in the premarket Monday: Nvidia  (NVDA) — Nvidia shares popped more than 6% in the premarket after the company announced it would buy fellow chipmaker Arm Holdings from SoftBank. The deal is valued at $40 billion and Nvidia will finance it through a combination of cash and common stock . Immunomedics  (IMMU), Gilead Sciences  (GILD) — Shares of Immunomedics more than doubled before the bell on news the company will be acquired by Gilead for $21 billion, or $88 per share . The deal is expected to close in the fourth quarter of 2020. Gilead will pay $15 billion in cash for the cancer drugmaker and will finance the rest through newly issued debt. Gilead shares dipped 1.3%. Oracle  (ORCL), Microsoft  (MSFT) — Oracle popped 8.7% on news that ByteDance has chosen the software company as its U.S. technology partner , rejecting Microsoft’s bid to buy TikTok’s U.S. ope