Welcome to Extreme Investor Network, where we bring you the latest updates on the companies making headlines in midday trading. Today, we have some exciting news in the world of finance that you won’t want to miss.
First up, Walgreens Boots Alliance is making waves with a 5.4% stock advance as they explore potential buyers for their $8.8 billion Boots drugstore chain in the U.K. Xponential Fitness is also seeing movement with shares up nearly 8.5% after a volatile trading session. And GameStop is back in the spotlight with a more than 65% surge in stock price, thanks to “Roaring Kitty” resurfacing on Reddit.
But the excitement doesn’t stop there. Squarespace announced a $6.9 billion deal to go private, Intel is in talks for an $11 billion deal with Apollo Global Management, and Arm Holdings is set to launch its first artificial intelligence chips next year.
In the world of biopharmaceuticals, Incyte is on the rise with an $2 billion share repurchase program approval, while Nexstar Media Group is gaining momentum following an upgrade by Morgan Stanley.
And let’s not forget about the airlines. American Airlines, United Airlines, and Delta Air Lines are all seeing gains after HSBC initiated coverage with buy ratings, citing increased demand for international travel and rebounding corporate travel.
Stay tuned to Extreme Investor Network for more news and updates in the world of finance. Don’t miss out on the latest opportunities and trends that could impact your investment strategy. Happy investing!