Exxon Mobil stock falls after the oil giant announces a $59.5 billion all-stock deal to buy Pioneer Natural Resources
Novo Nordisk NVO shares jumped more than 4% in morning trading as the Danish drugmaker said it ended a trial early due to efficacy of its diabetes drug Ozempic against kidney disease. The news also sent shares of dialysis providers sharply lower .
Shares of Thor Industries Inc. THO rose nearly 2% after the RV maker said its board authorized a 7% dividend increase to 48 cents a share. Shares in Fresenius Medical Care FMS dropped 19%, DaVita DVA stock fell 18% to lead the S&P 500 index’s SPX decliners, and Baxter International Inc. shares BAX shed 9%, on concerns over future dialysis sales in the wake of the Novo Nordisk trial.
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Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock mergerThis is breaking news. Please check back for updates.
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Exxon Mobil to buy Pioneer Natural Resources in $59.5 billion all-stock dealExxon to pay the equivalent of $253 for each Pioneer share outstanding
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Exxon Mobil agrees to buy Pioneer Natural Resources for nearly $60 billion in all-stock mergerExxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal.
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Stock movers: Novo Nordisk, Fresenius Medical Care, DaVita, Thor IndustriesNovo Nordisk, Thor Industries, Silk Road Medical, Fresenius Medical Care, and DaVita all showed stock price movement in pre-market trading
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Dialysis-company stocks slide after Ozempic trial's success in treating kidney diseaseDaVita’s stock was down 16%, while Baxter and Intuitive Surgical were down 9% and 6%
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Exxon to buy Pioneer Natural Resources for $60 billion in all-stock dealExxon could unveil its $60 billion takeover of Pioneer, a key player in the Permian shale market, as early as Wednesday.
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