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Company News For Dec 19, 2017

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  • Penn National Gaming, Inc’s (PENN - Free Report) shares decreased 2.2%, after the company decided to buy Pinnacle Entertainment, Inc. for around $2.8 billion
  • Shares of Humana Inc. (HUM - Free Report) fell 2.9% on news that the company is in talks to acquireKindred Healthcare, Inc. for about $750 million or $9 per share
  • Vipshop Holdings Limited’s (VIPS - Free Report) shares jumped 39.2% after Tencent Holdings Limited (TCEHY - Free Report) and JD.com, Inc. (JD - Free Report) decided to invest around $863 million in Vipshop
  • Shares of Akamai Technologies, Inc. (AKAM - Free Report) advanced 13.7% after activist investor, Elliott Management Corp. announced it has a 6.5% stake in Akamai Technologies