Company News For Sep 17, 2019
Zacks Investment Research | Sep 16, 2019 10:29PM ET
- Alder BioPharmaceuticals, Inc.’s (NASDAQ: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 (NYSE: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. (NYSE:NEWR) dropped 0.4% as the software company mentioned a cut in revenue guidance
- SemGroup Corporation’s (NYSE:SEMG) shares rose 60.5% after Energy Transfer LP (ET) announced that it will buy SemGroup for $5 billion
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