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Morning Movers: Kellanova climbs following deal to be acquired by Mars

Morning Movers: Kellanova climbs following deal to be acquired by Mars

Check out this morning’s top movers from around Wall Street, compiled by The Fly.


HIGHER –

  • Kellanova (K) up 7% after Mars and the company announced that they have entered into a definitive agreement under which Mars has agreed to acquire Kellanova for $83.50 per share in cash, for a total consideration of $35.9B


UP AFTER EARNINGS –

  • Sphere Entertainment (SPHR) up 6%
  • Cardinal Health (CAH) up 6%
  • Dole (DOLE) up 3%
  • Elbit Systems (ESLT) up 2%
  • Performance Food Group (PFGC) up 3%
  • U.S. Bancorp (USB) up 1%


DOWN AFTER EARNINGS –

  • SurgePays (SURG) down 25%
  • Brinker (EAT) down 11%


LOWER –

  • TC Biopharm (TCBP) down 41% after announcing $2M registered direct offering
  • Alphabet (GOOG) down 1% after Bloomberg reported the Justice Department is considering asking for a break up of Alphabet’s Google after a landmark court ruling found that the company monopolized the online search market

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