Company News for Sep 22, 2020

  • Microsoft Corporation’s MSFT shares rose 1.1% after the company announced the acquisition of ZeniMax Media and its game publisher Bethesda Softworks for $7.5 billion in cash.
  • Shares of Roku, Inc. ROKU surged 17.7% after the company announced a streaming carriage deal with Peacock.
  • Nikola Corporation’s NKLA shares plunged 19.3% after the company announced that Executive Chairman Trevor Milton has stepped down amid allegations.
  • Shares of Illumina, Inc. ILMN fell 8.6% after the company announced plans to acquire GRAIL for $8 billion in cash and stock consideration.

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