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Company News for Mar 21, 2024

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  • Paramount Global ((PARA - Free Report) ) shares rose 11.8% on reports that the private equity firm Apollo Global Management, Inc. ((APO - Free Report) ) had extended a buyout offer of $11 billion for its film and TV studio division.
  • Ford Motor Company ((F - Free Report) ) shares rose 4.9% following the White House's decision to relax emission standards, enabling carmakers to potentially increase sales of gas-powered vehicles until 2030.
  • Chipotle Mexican Grill, Inc. ((CMG - Free Report) ) gained 3.5% after its board approved a 50-for-1 stock split.
  • Equinix ((EQIX - Free Report) ) shares fell 2.3% after being targeted by short seller Hindenburg, which accused the data center real estate investment trust of inflating a key profitability metric.

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