- Shares of El Paso Electric Co. (NYSE:EE) climbed 13.5% following confirmation that JP Morgan-controlled Infrastructure Investments Fund will acquire the company for $4.3 billion
- Cypress Semiconductor Corp.’s (NASDAQ:CY) shares jumped 23.9% after Infineon Technologies AG decided to acquire the company for $10.1 billion
- Amgen Inc.’s (NASDAQ:AMGN) shares soared 3.4% after the company announced positive initial results from its experimental drug AMG 510 for the treatment of non-small-cell lung cancer
- Shares of Merck & Co. Inc. (NYSE:MRK) gained 1.3% after the FDA approved the filling of sNDA of its antibiotic ZERBAXA to treat hospital-acquired pneumonia in patients 18 years and older
El Paso Electric Company (EE): Free Stock Analysis Report
Merck & Co., Inc. (MRK): Free Stock Analysis Report
Cypress Semiconductor Corporation (CY): Free Stock Analysis Report
Amgen Inc. (AMGN): Free Stock Analysis Report
Original post
Zacks Investment Research