Company News For May 14, 2024

Zacks Equity Research
·1-min read

  • Squarespace, Inc. (SQSP) shares surged 13.3% after private equity firm Permira announced that it was buying the software provider for $6.9 billion and taking it private.

  • Incyte Corporation (INCY) shares rose 8.6% following the announcement of its $2 billion share repurchase program.

  • Shares of Walgreens Boots Alliance, Inc. (WBA) increased 5.4% following reports from Bloomberg revealing the pharmaceutical company's exploration of potential buyers for its United Kingdom-based Boots drugstores, which could be valued at around $8.8 billion.

  • Alphabet Inc. (GOOG) shares rose 0.4% after the company announced new AI-related features at its developers' conference.

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