U.S. Movers: Cognizant, DXC Technology, Eli Lilly, General Motors, Oracle
- Scott Peters
- U.S.A. New York City
-
Cognizant Technology agreed to acquire defense and aviation-focused information technology provider Belcan. Apollo Global and its partners are nearing a bid to acquire DXC Technology.
General Motors jumped 1.4% to $48.34 after the company's board authorized a $6 billion stock repurchase plan.
Eli Lilly jumped 2.4% to $887.0 after a panel of FDA advisors recommended the approval of the company's drug to treat Alzheimer, donanemab.
Oracle Corp. declined 1.2% to $124.12 ahead of the software and database developer's quarterly results after the close of regular trading.
DXC Technology jumped 2.3% to $18.88 on a report that Apollo Global and Kyndryl Holdings are nearing a bid between $22 and $25 a share for the company.
The news was first reported by Reuters and could not be independently verified.
Cognizant Technology traded down 1% to $66.25, and the company agreed to acquire Cincinnati-based Belcan for $1.3 billion in cash and stock.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| General Motors Company | GM | -2% | 46% | -7% |
| Cognizant Technology Solutions Corporation | CTSH | -6% | 2% | 36% |
| DXC Technology Company | DXC | -6% | -8% | -16% |
| Oracle Corporation | ORCL | -2% | 60% | 30% |
| Eli Lilly and Company | LLY | 1% | 33% | 59% |