SpaceX Agrees to Merge With Cursor; Novo to File for China Approval of Wegovy; Dave & Buster's Misses Estimates
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- SpaceX (SPCX), X67 and Anysphere entered a merger agreement with Cursor in a deal which values Cursor at an implied equity value of $60b.- Novo Nordisk (NOVOB DC) will submit oral Wegovy for regulatory approval in China in a few weeks, Chief Executive Officer Mike Doustdar told reporters in Beijing on Tuesday.- Dave & Buster's (PLAY) reported revenue for the first quarter that missed the average analyst estimate.See omnystudio.com/listener for privacy information.
The skinny
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