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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PPD Inc | NASDAQ:PPD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 47.28 | 48.00 | 50.00 | 0 | 01:00:00 |
By Stephen Nakrosis
Shares of pharmaceutical-testing company PPD Inc. are trading higher Thursday, following news that Thermo Fisher Scientific Inc. agreed to acquire the company for $47.50 a share.
At 12:45 p.m. ET, shares of PPD had risen 6.73%, to $45.89. Volume at the time topped 42.4 million shares, above the stock's 65-day average volume of just more than one million shares.
Earlier in the session, the company's shares touched a 52-week high of $46.34.
At 12:46 p.m. ET, Thermo Fisher shares were trading 3.72% higher, at $495.85.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 15, 2021 13:11 ET (17:11 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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