Domino's Falls, Merck Rises, Airbus Higher After Assuming Spirit Assets
On this episode of Stock Movers:- Domino's Pizza (DPZ) shares fall after the company reported revenue for the first quarter that missed the average analyst estimate. Revenue $1.11 billion, +2.5% y/y, estimate $1.12 billion. The company didn't provide an outlook for 2025. - Merck (MRK) shares rise after the company agreed to buy SpringWorks Therapeutics Inc. for $47 per share in cash, representing an equity value of about $3.9 billion and a 26% premium for SpringWorks. The acquisition is expected to boost Merck's health-care division.- Airbus (AIR FP) shares rise after the company agreed to…
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