Why Pioneer Natural Resources Shares Are Bouncing By Around 12%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Pioneer Natural Resources Company's shares rose by 11.6% in pre-market trading due to reports of Exxon Mobil Corp. nearing a purchase deal with the company, potentially worth around $60 billion. Other notable pre-market movers include Vaccinex, Inc., RVL Pharmaceuticals plc, and ETAO International Co., Ltd. On the other hand, OMNIQ Corp., Near Intelligence, Inc., and AgriFORCE Growing Systems Ltd. saw significant drops in their share prices.
October 06, 2023 | 12:26 pm
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Pioneer Natural Resources Company's shares rose by 11.6% due to reports of Exxon Mobil Corp. nearing a purchase deal with the company.
The potential acquisition by Exxon Mobil Corp. is a significant event for Pioneer Natural Resources, leading to increased investor interest and a rise in the company's share price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Exxon Mobil Corp. is reportedly close to securing a purchase deal with Pioneer Natural Resources, potentially worth around $60 billion.
The potential acquisition of Pioneer Natural Resources is a significant move for Exxon Mobil Corp., indicating a strategic expansion and potentially impacting the company's stock positively.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100