S&P 500 Update: Walgreens Stock Soars Amid Buyout Speculation

Reported 1 day ago

On December 10, the S&P 500 dipped 0.3%, continuing the pullback from last week's rally, as investors awaited key inflation data. Walgreens saw a significant 17.7% increase in shares following reports of buyout discussions with Sycamore Partners. In contrast, Moderna's stock fell 9.1% after analysts raised concerns about its pipeline valuation, and Oracle's shares dropped 6.7% despite beating profit expectations but falling short on sales. Overall, major U.S. indices experienced declines ahead of the Consumer Price Index report.

Source: YAHOO

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