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home / articles / ZIM - Karuna Therapeutics Jumps Following Takeover By Bristol Myers Joins Rocket Lab USA Altair Engineering And Other Big Stocks Moving Higher On Friday | Benzinga

ZIM - Karuna Therapeutics Jumps Following Takeover By Bristol Myers Joins Rocket Lab USA Altair Engineering And Other Big Stocks Moving Higher On Friday | Benzinga

ZIM Integrated Shipping Services Ltd.

U.S. stocks traded higher, with the Dow Jones index gaining around 50 points on Friday.

Shares of Karuna Therapeutics, Inc. (NASDAQ: KRTX) rose sharply during Friday’s session following acquisition news.

Bristol Myers Squibb & Co (NYSE: BMY) agreed to acquire Karuna Therapeutics for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired.

Karuna Therapeutics shares jumped 47% to $317.10 on Friday.

Here are some other big stocks recording gains in today’s session.

  • Rocket Lab USA, Inc. (NASDAQ: RKLB) shares rose 102% to $4.02 after the company announced a new $515 million contract with a U.S. government customer.
  • Neumora Therapeutics, Inc. (NASDAQ: NMRA) ...

Full story available on Benzinga.com
Stock Information
Company Name: ZIM Integrated Shipping Services Ltd.
Stock Symbol: ZIM
Market: NYSE
Website: zim.com
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