Arconic shares jump 11% on report of private equity firm's buyout interest

Arconic shares jump 11% on report of private equity firm's buyout interest

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/16/arconic-shares-jump-on-report-of-private-equity-firms-buyout-interest.html

Metals manufacturer Arconic shares spiked on Monday after a report released from The Wall Street Journal said the company was drawing interest from private equity firms.

Shares were up as much as 11 percent Monday, putting the stock on track for it's best day since Feb. 2, 2017 and making it the biggest gainer in the Standard & Poor's 500 index.