Why Squarespace Shares Are Trading Higher By Around 7%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Portfolio Pulse from Lisa Levin
Squarespace shares rose 7.2% after announcing a definitive agreement to acquire Google Domains assets. Other stocks experienced significant gains, including Oncorus, Evelo Biosciences, Navidea Biopharmaceuticals, and Virgin Galactic Holdings.
June 16, 2023 | 5:08 pm
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Squarespace shares rose 7.2% after announcing a definitive agreement to acquire Google Domains assets.
The acquisition of Google Domains assets is a positive development for Squarespace, as it expands the company's offerings and potentially increases its customer base. This news is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100