Palo Alto Deal; Coinbase-JPM; Microsoft Preview
On this episode of Stock Movers:- Palo Alto Networks (PANW) shares are lower as it agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. The companies said the value implies a 26% premium to CyberArk shares on a volume weighted average over 10 days before the Wall Street Journal reported on the acquisition talks.- Coinbase (COIN) shares are moving on news JPMorgan and Coinbase signed an agreement to directly link customers' bank accounts to their cryptocurrency wallets. The deal establishes a direct connection between…
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