Micron Soars, Dell Falls, Bio-Techne Drops After Merck KGaA Secures $11.3 Billion Purchase |...

On this episode of Stock Movers: -Micron (MU) shares surged after the company issued a quarterly sales forecast that exceeded Wall Street estimates, signaling that an AI-fueled growth run remains strong. -Dell (DELL) shares fall after GF Securities Co. Ltd. downgraded the computer and server company to hold from buy. Analyst Jeff Pu writes that the valuation is stretched, with shares up 245% this year. -Bio-Techne (TECH) shares fall. Merck KGaA agreed to buy Bio-Techne Corporation for about $11.3 billion to bolster its life-science business. Merck agreed to pay $73 per share in cash for the US diagnostics firm, a premium of roughly 24% on Bio-Techne’s closing price on Wednesday. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers: https://www.youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauU Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video #Stocks #Markets #Finance #Investing #Podcast #Bloomberg Micron Soars, Dell Falls, Bio-Techne Drops After Merck KGaA Secures $11.3 Billion Purchase