3 Rumors That Had Wall Street Buzzing Today
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After starting the week on a strong note, stocks closed out the week on a sour note with the S&P 500 falling 2.8%. Several rumors made their way around the Street despite the intense selling pressure. Below we highlighted a few:
Brookdale Senior Living (NYSE: BKD) jumped 20% today on word from Bloomberg News the company is exploring options including a potential sale. The company is said to be working with bankers.
Cano Health (NYSE: CANO) gained 9% on reports from Bloomberg that CVS Health (NYSE: CVS) is in exclusive talks to acquire the company. A deal between the two is not certain given Humana Inc. (NYSE: HUM) has a right of first refusal if a buyer is found.
DraftKings (NASDAQ: DKNG) gained 3% on reports the company is nearing a new, large partnership with Walt Disney’s (NYSE: DIS) ESPN.
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