Shares of ADAM Inc (NASDAQ:
ADAM) surged after it entered into a merger agreement with Ebix Inc (NASDAQ:
EBIX).
ADAM’s shares jumped 75.39% to $5.56 at 10:41 am. EBIX has entered into an agreement to acquire ADAM on a debt-free basis for a consideration of $66 million.
ADAM’s shares have lost 0.94% over the past month and dropped 24.52% so far this year.
Read more
from Benzinga's Company news.© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
