Company News For Sep 17, 2019

Zacks Equity Research

  • Alder BioPharmaceuticals, Inc.’s ALDR shares soared 83.9% after Danish company Lundbeck announced plans to acquire the company in a deal worth $2 billion

  • Shares of General Motors Company GM fell 4.3% after the United Auto Workers went on strike onSep 15; this is the first nationwide strike at General Motors in the last 12 years

  • Shares of New Relic, Inc. NEWR dropped 0.4% as the software company mentioned a cut in revenue guidance

  • SemGroup Corporation’s SEMG shares rose 60.5% after Energy Transfer LP (ET) announced that it will buy SemGroup for $5 billion


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
New Relic, Inc. (NEWR) : Free Stock Analysis Report
 
General Motors Company (GM) : Free Stock Analysis Report
 
Alder BioPharmaceuticals, Inc. (ALDR) : Free Stock Analysis Report
 
SemGroup Corporation (SEMG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research