Stock Movers

Onsemi, Oracle End Week Lower, Biotechne Jumps

June 26 · 5 min · 5.2 MB
0:00-5:20

Streams straight from the publisher. podnod never proxies or re-hosts episode audio.

On this episode of Stock Movers:

- Onsemi (ON) shares ended the week lower following news the US chipmaker has agreed to buy Synaptics Inc., a firm that specializes in semiconductors for smart devices.

- Bio-Techne (TECH) shares ended the week higher after Merck agreed to buy Bio-Techne Corporation for about $11.3 billion to bolster its life-science business, marking the German pharma and technology group’s biggest acquisition in more than a decade.

- Oracle (ORCL) stock plummeted this week as concerns mount over the company's debt-load and following the news reported by the New York Times that OpenAI could delay its IPO until next year.

See omnystudio.com/listener for privacy information.