Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock advanced 5.4% on news that Walgreens is looking for potential buyers for its $8.8 billion Boots drugstore chain in the U.K., Bloomberg reported Monday. Xponential Fitness — Xponential Fitness shares were last up nearly 8.5% in volatile trading. The stock earlier Monday had tumbled more than 9%, reaching a 52-week low, after the company’s top executive was suspended without a return date. GameStop — Shares in the video game retailer soared more than 65% on Monday after “Roaring Kitty,” the man who fueled the 2021 GameStop mania, posted online on Reddit for the first time in roughly three years. Trading was halted multiple times due to volatility. Reddit , Robinhood — Shares of the two companies that were involved with the meme stock mania in 2021 rose on Monday as GameStop surged. Reddit rose more than 9%, hitting its highest level since March, while retail brokerage stock Robinhood gained about 6.2%. Squarespace — Shares of the website platform company jumped more than 13% after it announced a $6.9 billion deal to go private . Squarespace will be sold to private equity firm Permira for $44 per share, a 15% premium to Friday’s close, after its continued underperformance as a public company. Arm Holdings — The chipmaker’s stock price jumped 4.6% following a Nikkei rep …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock advanced 5.4% on news that Walgreens is looking for potential buyers for its $8.8 billion Boots drugstore chain in the U.K., Bloomberg reported Monday. Xponential Fitness — Xponential Fitness shares were last up nearly 8.5% in volatile trading. The stock earlier Monday had tumbled more than 9%, reaching a 52-week low, after the company’s top executive was suspended without a return date. GameStop — Shares in the video game retailer soared more than 65% on Monday after “Roaring Kitty,” the man who fueled the 2021 GameStop mania, posted online on Reddit for the first time in roughly three years. Trading was halted multiple times due to volatility. Reddit , Robinhood — Shares of the two companies that were involved with the meme stock mania in 2021 rose on Monday as GameStop surged. Reddit rose more than 9%, hitting its highest level since March, while retail brokerage stock Robinhood gained about 6.2%. Squarespace — Shares of the website platform company jumped more than 13% after it announced a $6.9 billion deal to go private . Squarespace will be sold to private equity firm Permira for $44 per share, a 15% premium to Friday’s close, after its continued underperformance as a public company. Arm Holdings — The chipmaker’s stock price jumped 4.6% following a Nikkei rep …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
