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PPD PPD Inc

47.28
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
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

PPD Inc. Shares Up After WSJ Report Thermo Fisher Nearing Deal to Buy Co.

14/04/2021 9:28pm

Dow Jones News


PPD (NASDAQ:PPD)
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From May 2019 to May 2024

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   By Stephen Nakrosis 
 

Shares of pharmaceutical-testing company PPD Inc. are trading higher on the Nasdaq Wednesday, after The Wall Street Journal, citing "people familiar with the matter," exclusively reported that Thermo Fisher Scientific Inc. is nearing a deal to buy the company.

At 3:47 p.m. ET, shares of PPD had risen to $43.50, surpassing previous 52-week highs. Volume at the time topped 606,000 shares. The stock's 65-day average volume is just over 1 million shares.

At 3:55 p.m. ET, shares of Thermo Fisher Scientific were trading 1.24% lower, at $478.84.

The Wall Street Journal said Thermo Fisher would buy PPD for over $15 billion.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 14, 2021 16:13 ET (20:13 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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