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PTC Inc. (PTC) shares surged 33.5% following Schneider Electric's agreement to acquire the company in a $22.6 billion all-cash transaction.
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RXO, Inc. (RXO) shares jumped 22.5% as C.H. Robinson Worldwide, Inc. (CHRW) agreed to acquire the company for $5.8 billion in cash and stock.
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Cerebras Systems Inc. (CBRS) shares rose 9.1% after OpenAI CEO Sam Altman said the companies are working closely together to improve AI processing speed.
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Ventas, Inc. (VTR) shares fell 3.2% as the real estate sector was among the session's biggest decliners, weighing on shares across the group.
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This article originally published on Zacks Investment Research (zacks.com).
