Molina, Under Armour jump; OceanFirst Falls
On this episode of Stock Movers: OceanFirst (OCFC) falls on pact to buy Flushing in All-Stock deal. The deal includes an investment agreement with PE firm Warburg Pincus, which will be represented on the company’s board. Molina Healthcare (MOH) rises after Michael Burry praises the health insurer and could be a target for acquisition. Under Armour (UAA) jumps after an amended 13G filing from Fairfax Financial Holdings shows the firm holds a 16.1% Class A equity stake, or approximately 30.45 million Class A shares. See omnystudio.com/listener for privacy information.
The skinny
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