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Company News for Aug 27, 2019

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  • Shares of Amgen Inc. AMGN rose 3.2% after the company announced agreement to buy Otzela, a subsidiary of Celgene Corp.
  • Shares of Pitney Bowes Inc. PBI fell 8.3% after it announced sell of its software solutions business to data company Syncsort
  • Shares of Beyond Meat, Inc. BYND plunged 5.6% following the announcement that KFC will start testing its plant-based chicken in an Atlanta restaurant
  • SRC Energy Inc. SRCI and PDC Energy, Inc.’s PDCE shares rose more than 12% and 17%, respectively, following the announcement of merger in a deal worth $1.7 billion