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Molina, Under Armour jump; OceanFirst Falls

Molina, Under Armour jump; OceanFirst Falls

Published 2 months, 2 weeks ago
Description

On this episode of Stock Movers:

  • OceanFirst (OCFC) falls on pact to buy Flushing in All-Stock deal. The deal includes an investment agreement with PE firm Warburg Pincus, which will be represented on the company’s board.
  • Molina Healthcare (MOH) rises after Michael Burry praises the health insurer and could be a target for acquisition.
  • Under Armour (UAA) jumps after an amended 13G filing from Fairfax Financial Holdings shows the firm holds a 16.1% Class A equity stake, or approximately 30.45 million Class A shares.

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