Market Updates
U.S. Movers: GameStop, Nvidia, Paramount Global, MarineMax, OneWater Marine, Spotify, Stericycle, Waste Management
Scott Peters
03 Jun, 2024
New York City
Stericylce soared 14.5% to $59.25 after the company agreed to be acquired by Waster Management for $7.2 billion.
Waste management decreased 1.8% to $206.80.
GameStop soared 74% to $40.35 on speculation that investor Keith Gill, who inspired a short squeeze in the stock in 2021, could have a large position in the stock.
The social media accounts controlled by Keith Gill showed 5 million shares and 120,000 call options.
MarineMax jumped 19.3% to $34.02, and the company is in talks to be acquired by OneWater Marine for $40 a share.
The news was first reported by Bloomberg News and could not be independently verified.
Spotify Technology jumped 4.9% to $311.12 after the music streaming service provider announced a price increase for its premium subscriptions in the U.S. starting in July.
Paramount Global jumped 6.4% to $22.0 after the media company agreed on merger terms with Skydance.
The companies are expected to announce the details of the deal terms as early as this week, according to reports by CNBC and The Wall Street Journal.
Nvidia Corp. jumped 4.2% to $1,142.19 after the advanced chipmaker announced three new products.
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