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Company News For Apr 9, 2019

Zacks Equity Research
  • Sony Corp.’s SNE shares surged  8.2% following news that hedge fund Third Point LLC was raising its stake in the company, a move that could result in structural changes
  • Shares of Dollar Tree Inc. DLTR tumbled 3.4% following news that activist investor group Starboard has decided to withdraw its nominees from the company’s board
  • United Therapeutics Corp.’s UTHR shares plummeted 5.7% after a clinical study of esuberaprost tablets for  pulmonary arterial hypertension failed to meet the primary endpoint
  • Shares of 2U Inc. TWOU plunged 3.4% following announcement that it is buying privately held skills training company Trilogy Education Services Inc. for $750 million

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