Investors react negatively to an all-stock deal that would heavily dilute current shareholders and pivot the semiconductor firm into AI infrastructure.
The company's strategic pivot to Web3, despite a touted $100 million investment, was met with extreme market skepticism and a massive sell-off.
Investor concerns over share dilution trigger a sharp sell-off after the biotech firm prices its oversubscribed capital raise at $2.11 per unit.
The merger will create the ninth-largest U.S. bank, signaling a new wave of consolidation in the regional banking sector.
Investor Eric Jackson speculates the proptech firm could capture 10% of the U.S. housing market, sparking a rally on heavy trading volume.
A surge in multi-billion dollar deals, led by Fifth Third's $11B acquisition of Comerica, signals a new wave of consolidation.
A significant fire at a Novelis plant in New York threatens to disrupt production of the best-selling F-150 pickup for months.
The diagnostics firm's price target was cut to $33, reflecting analyst worries about its near-term performance in a post-pandemic market.