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Company News For Oct 10, 2018

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  • Papa John's International, Inc.’s (PZZA - Free Report) shares jumped 8.9% on news that Trian Partners was considering the pizza chain as a takeover target
  • Shares of Microsoft Corporation (MSFT - Free Report) increased 1.3% after the company said that it was investing in Grab, a Singapore-based ride-hailing service provider
  • Affimed N.V.’s (AFMD - Free Report) shares plummeted 24.4% after the company suspended trials on a cancer drug following the death of a patient
  • Shares of Starbucks Corporation (SBUX - Free Report) jumped 2.1% after investor Bill Ackman said that his hedge fund Pershin Square Capital Management LP now held stakes worth $900 million or approximately 1.1% in the company

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