BlackRock Falls, Rivian Drops, Baidu Rises on Morgan Stanley Upgrade
On this episode of Stock Movers:-BlackRock (BLK) shares fall with news that the firm is advanced talks to acquire Aligned Data Centers, which could be valued at about $40 billion in a transaction.-Rivian (RIVN) shares drop on news that the company is reworking a key element of its vehicle doors after employees and customers raised concerns over potential safety issues with the current design.-Baidu (BIDU) shares rise after Morgan Stanley raised its price target on the China-based search engine to $140 from $100. Maintains equal-weight rating.See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.