Several major deals were announced this week, including Trump Media & Technology Group Corp., Howard Hughes Holdings Inc., and BioMarin Pharmaceutical Inc.
Trump Media & Technology Group Corp. saw a significant increase in its stock price after the company made headlines for its potential to disrupt the media industry with its new platform. Despite a minor correction, the company’s shares rose by 8.28%.
Meanwhile, BioMarin Pharmaceutical Inc.’s stock surged by 17.71% following positive news about one of its key treatments for a rare genetic disorder.
Howard Hughes Holdings Inc.’s shares took a hit, however, after the company reported a decline in revenue and profits, sending its stock down 6.37%.
Source: https://seekingalpha.com/news/4533836-key-deals-this-week-trump-media-technology-howard-hughes-biomarin-pharmaceutical-and-more