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Company News for Sep 9, 2021

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  • Shares of Coinbase Global, Inc. (COIN - Free Report) fell 3.2% after the company announced that it has received from the Securities and Exchange Commission, a notice for possible enforcement action with regard to its interest-lending product, namely, Coinbase Lend.
  • Tesla, Inc.’s (TSLA - Free Report) shares rose 0.1% following news that local sales of China-made vehicles increased to 12,885 in August, compared to 8,621 vehicles in July.
  • Spectrum Brands Holdings, Inc.’s (SPB - Free Report) shares rallied 17.8% after the company announced that it has planned to sell its Hardware & Home Improvement segment to ASSA ABLOY AB for $4.3 billion in cash.
  • ICU Medical, Inc.’s (ICUI - Free Report) shares advanced 26.2% following the announcement that the company will acquire Smiths Medical which manufactures medical products, for about $2.3 billion in cash and stock.

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