Jabil, Boston Scientific, Hersha Hospitality Trust And Other Big Stocks Moving Higher On Monday
Portfolio Pulse from Lisa Levin
Several US stocks recorded gains on Monday, with Hersha Hospitality Trust (HT) leading the pack with a 56.5% increase after announcing a merger with KSL Capital Partners. Hawaiian Electric Industries (HE) saw a 41.8% jump following its response to a lawsuit filed by the County of Maui. Thorne HealthTech (THRN) rose 29.3% after agreeing to be acquired by L Catterton. RPT Realty (RPT) climbed 20% after Kimco Realty agreed to acquire it. Other notable gainers include VinFast Auto (VFS), BrightView Holdings (BV), Betterware de México (BWMX), Dingdong (DDL), Aehr Test Systems (AEHR), Carvana (CVNA), NWTN Inc. (NWTN), Jabil Inc. (JBL), Tencent Music Entertainment Group (TME), Novavax (NVAX), Applied Optoelectronics (AAOI), and Boston Scientific Corporation (BSX).
August 28, 2023 | 2:44 pm
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POSITIVE IMPACT
Hawaiian Electric Industries shares jumped 41.8% after the company responded to a lawsuit filed by the County of Maui.
The company's response to a lawsuit filed by the County of Maui has led to a significant increase in Hawaiian Electric Industries' stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Hersha Hospitality Trust shares gained 56.5% after announcing a merger with KSL Capital Partners.
The merger announcement with KSL Capital Partners has led to a significant increase in Hersha Hospitality Trust's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
RPT Realty shares climbed 20% after Kimco Realty agreed to acquire it.
The acquisition agreement with Kimco Realty has led to a significant increase in RPT Realty's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Thorne HealthTech shares rose 29.3% after the company agreed to be acquired by L Catterton.
The acquisition agreement with L Catterton has led to a significant increase in Thorne HealthTech's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100