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Shell Surges, Hexagon Deal, Vistry Falls
Published 2 weeks, 5 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Oil surged with natural gas as the US vowed to blockade all vessels passing through the Strait of Hormuz. That's helping oil majors like Shell.
- Hexagon, a Swedish company that makes sensors and measurement technology, agreed to buy Waygate Technologies for about $1.45 billion in cash from Baker Hughes Co.
- Vistry shares fall as much as 4.7% as the UK homebuilder promoted Adam Daniels to chief executive officer, succeeding Greg Fitzgerald with immediate effect. RBC says investors were expecting an external hire.
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