US stocks are fluctuating | Best Inc. rose nearly 15%, announcing the final privatization agreement has been reached.

On June 20th, Gelunhui reported that BEST Inc (exchange: BEST.US) rose by 14.78% pre-market trading to $2.64 per share. BEST Inc announced that it has signed a merger agreement with a buyer consortium with a buyout price of $2.88 per ADS (American Depositary Share), a premium of 25.2% to the closing price of BEST Inc before the privatization offer received. The transaction is expected to be completed in the third quarter of 2024. After the completion of the transaction, BEST Inc will delist from the New York Stock Exchange and become a wholly-owned private company of the parent company.

Gelonghui FinanceJun 20 22:01

NVIDIA Stock Gains Push Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.6% higher in Thursday's premarket activity pushed by the continued

MT NewswiresJun 20 20:15

12 Industrials Stocks Moving In Thursday's Pre-Market Session

GainersBEST (NYSE:BEST) stock increased by 15.2% to $2.65 during Thursday's pre-market session. The market value of their outstanding shares is at $53.2 million. Nano Nuclear Energy (NASDAQ:NNE) share

BenzingaJun 20 20:05

Top Premarket Gainers

Tempest Therapeutics (TPST) shares surged more than 45% Thursday premarket after the company said Wednesday it will report fresh data from a phase 1b/2 trial of a combination treatment candidate for h

MT NewswiresJun 20 19:53

Best Inc. to Go Private in Merger Deal

Best Inc. entered into a merger agreement with Best Global Partners and Phoenix Global Partners, after which it will become a privately held company.

WSJJun 20 18:30

BEST Signs Merger Agreement to Go Private

BEST Inc. (BEST), a supply chain and logistics services provider in China and Southeast Asia, said Thursday it signed a merger agreement with BEST Global Partners and Phoenix Global Partners, a wholly

MT NewswiresJun 20 16:22