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Some of the stocks that may grab investor focus today are:
- Microsoft Corporation MSFT is in talks to buy Nuance Communications Inc. NUAN, Bloomberg reported. Microsoft shares rose 0.1% to $256.00 in pre-market trading, while Nuance shares jumped 22.9% to $56.00 in the pre-market trading session.
- Wall Street expects Aphria Inc APHA to report a quarterly loss at $0.03 per share on revenue of $170.66 million before the opening bell. Aphria shares rose 0.1% to close at $16.28 on Friday.
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- Alibaba Group Holding Ltd – ADR BABA was fined a record $2.8 billion by China after a monopoly probe found that the company had abused its dominant market position. Alibaba shares climbed 6.8% to $238.50 in the pre-market trading session.
- DiaSorin S.p.A. announced plans to acquire Luminex Corporation LMNX for a price of $37.00 per share in an all-cash deal. Luminex shares rose 2.1% to close at $32.95 on Friday.
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Posted In: EarningsM&ANewsSmall CapPre-Market OutlookMarketsTrading IdeasStocks To WatchStocks to Watch
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