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Company News for Apr 11, 2023

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  • Shares of Pioneer Natural Resources Company (PXD - Free Report) gained 5.8%, with reports emerging that Exxon Mobil Corporation (XOM - Free Report) had held preliminary talks to acquire the company.
  • Shares of chipmaker Western Digital Corporation (WDC - Free Report) surged 8.2% following Samsung’s announcement to cut chip production.
  • Matador Resources Company’s (MTDR - Free Report) shares increased 3.3% on natural gas stocks doing well.
  • Caterpillar Inc.’s (CAT - Free Report) shares rebounded and jumped 3% on the broader industrial rally.

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