Penumbra’s stock was up about 14% after the deal was announced Thursday morning.
Acquisitions/Mergers
Show us the math: Paramount sues Warner Bros. over how it determined Netflix’s bid is better
Paramount says it is suing Warner Bros. Discovery and filing a competing slate of directors in…
Allegiant to buy rival budget airline Sun Country for around $1.5 billion
Last Updated: Jan. 11, 2026 at 5:19 p.m. ETFirst Published: Jan. 11, 2026 at 5:13 p.m. ET Budget…
Warner Bros. tells shareholders that Larry Ellison’s wealth isn’t enough to best Netflix bid
Paramount’s latest offer, backed by Ellison’s personal fortune, remains inferior to Netflix’s accepted proposal, Warner Bros.…
How Netflix delivered a $30 million gift to movie theater owners with ‘Stranger Things’ finale
Netflix’s screening of the final episode of ‘Stranger Things’ in around 600 theaters was a big…
Microsoft, Oracle and ServiceNow could be the top stocks to play a software comeback
Published: Jan. 12, 2026 at 5:35 p.m. ET While artificial-intelligence infrastructure stocks have received much of investors’…