Company News For Sep 12, 2018

  • Integrated Device Technology, Inc.’s IDTI shares jumped 10.7% after Japan’s Renesas Electronics Corp. announced that it would acquire the chipmaker for $6.7 billion
  • Shares of Yum China Holdings, Inc. YUMC declined 13.4% after a consortium of buyers dropped their plans of acquiring the company
  • Tilray, Inc.’s TLRY shares surged 13.4% after the company announced that it had successfully shipped its Tilray 2:100 cannabidiol (CBD) oil product to the United Kingdom to help a pediatric patient
  • Shares of Ford Motor Company F declined 0.8% after CEO Jim Hackett gave scant details about a turnaround plan for the automaker more than a year since taking its helm

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Zacks Investment Research

2018-09-12 08:55:00

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