As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker. China is reportedly the cause for the current hold-up for the deal, which was supposed to close … Read more
Shares in Broadcom and VMware were rising despite an apparent delay to the closing of their merger agreement, which was set to complete on Monday. China could be a problem—but investors don’t seem too worried. Source link
Here are some of the most notable stock movers in Thursday’s trading action: Stock gainers: Netflix Inc. shares NFLX, -2.68% rallied 12% after the streaming giant announced a spike in subscribers, and hiked prices on some plans, effective immediately Source link