- ONEOK Inc.’s (OKE) shares plunged 9.1% after the company decided to acquire Magellan Midstream Partners L.P. (MMP) for $18.8 billion in cash and stocks.
- Newmont Corp.’s (NEM) shares surged 2.5% after the company decided to acquire Australian gold and copper producer Newcrest Mining Ltd.
- Shares of Western Digital Corp. (WDC) 2023 soared 11.3% following news that the company has speeded up merger talks with its Japanese joint venture partner Kioxia Holdings Corp.
- Shares of Shake Shack Inc. (SHAK) appreciated 7.8% following a WSJ report that the activist investor Engaged Capital is planning a proxy fight for three board seats at the company.
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
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Download your free report now to see them.Western Digital Corporation (WDC) : Free Stock Analysis Report
Magellan Midstream Partners, L.P. (MMP) : Free Stock Analysis Report
ONEOK, Inc. (OKE) : Free Stock Analysis Report
Newmont Corporation (NEM) : Free Stock Analysis Report
Shake Shack, Inc. (SHAK) : Free Stock Analysis Report
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