With a cash buyout price anchoring the stock and orders still hitting records, this move looks less like a macro call and more like a wager on deal certainty and downside protection.
Both ETFs amplify technology gains, yet QLD leans on broad growth leadership while SOXL turns semiconductor cycles and daily leverage resets into the defining driver of returns
Shares of genetic testing company Myriad Genetics (NASDAQ:MYGN)
jumped 3.7% in the afternoon session after the company signed an exclusive agreement with Zydus Lifesciences to commercialize a trio of its cancer tests in India.
Shares of content discovery platform Taboola (NASDAQ:TBLA) jumped 2.8% in the afternoon session after analyst firm Rosenblatt initiated coverage on the stock with a 'Buy' rating and a $6 price target.
Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT)
jumped 6.2% in the afternoon session after the company announced it would expand its podcast platform to include free video distribution for creators.
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 12.2% in the afternoon session after several Wall Street firms initiated coverage on the company with positive ratings.
Shares of potato products company Lamb Weston (NYSE:LW)
fell 2.1% in the afternoon session after BNP Paribas Exane downgraded the stock to 'Neutral' from 'Outperform', citing concerns over intensifying competition.
Shares of cable news and media network Fox (NASDAQ:FOXA)
jumped 2.8% in the afternoon session after Guggenheim raised its price target for the company's shares to $85.00 from $75.00, maintaining its "Buy" rating.
Shares of pangaea Logistics (NASDAQ:PANL)
jumped 2.2% in the afternoon session after the company announced the appointment of Eugene I. Davis to its Board of Directors.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 2.8% in the afternoon session after a Delaware Supreme Court ruling restored CEO Elon Musk's 2018 compensation plan, ending a long-running legal battle.
Shares of satellite communications company EchoStar (NASDAQGS:SATS) jumped 3.6% in the afternoon session after its subsidiary, Hughes Network Systems, launched a new portfolio of ruggedized Low Earth Orbit (LEO) terminals designed for mission-critical connectivity.
Shares of workplace uniform provider UniFirst (NYSE:UNF) jumped 18.4% in the afternoon session after the company confirmed it had received an unsolicited, non-binding acquisition proposal from Cintas Corporation for $275.00 per share in cash.
Shares of medical professional network Doximity (NYSE:DOCS) jumped 3.3% in the afternoon session after the stock's positive momentum continued as a Bank of America analyst reiterated a Buy rating and an $82 price target on the stock.
Shares of global entertainment and media company Warner Bros. Discovery (NASDAQ:WBD)
jumped 3.3% in the afternoon session after Paramount amended its takeover offer, with billionaire Larry Ellison personally guaranteeing $40.4 billion in financing for the proposed acquisition.
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PSKY)
jumped 3.8% in the afternoon session after the company amended its $30 per share all-cash offer for Warner Bros. Discovery, with Oracle co-founder Larry Ellison adding a personal guarantee for a major portion of the deal's financing.
Shares of real estate investment trust Arbor Realty Trust (NYSE:ABR) fell 2.3% in the afternoon session after Piper Sandler lowered its price target on the stock to $8.00 from $10.00.
