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Company News for Dec 23, 2020

Zacks Equity Research
·1 min read
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  • Shares of Peloton Interactive, Inc. PTON jumped 11.7% after the company announced that it is acquiring exercise equipment manufacturer, Precor, for $420 million.

  • Ocugen, Inc.’s OCGN shares jumped more than 100% after the company and Bharat Biotech announced plans to co-develop COVAXIN whole-virion inactivated COVID-19 vaccine.

  • Shares of Sportsman's Warehouse Holdings, Inc. SPWH surged 39.6% after the company agreed to be acquired by Great American Outdoors Group for $18.00 per share in cash.

  • FireEye, Inc.’s FEYE shares rose 10.4% after Blackstone Delta Lower Holdings disclosed an 8.4% active stake in the company.


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