- Shares of Keurig Dr Pepper Inc. (KDP) tumbled 11.5% after the company announced that it plans to acquire tea and coffee company JDE Preet’s for nearly $18 billion.
- Williams-Sonoma, Inc.’s (WSM) shares declined 2.5% after Trump said that his administration would launch an investigation into imported furniture tariffs.
- Shares of Meta Platforms, Inc. (META) fell 0.2% on the broader tech decline.
- Amazon.com, Inc.’s (AMZN) shares ended 0.4% lower on the broader tech decline.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
