Blackstone-backed EPL will continue as the listed entity after the merger. Indorama will nominate at least three directors to its board, while Blackstone will nominate one. Since it is a share swap, there is no regulatory requirement for an open offer.
NextEra Energy, Inc. (NYSE:NEE – Get Free Report) shares fell 1.4% on Tuesday . The stock traded as low as $90.56 and last traded at $90.7090. 8,515,929 shares were traded during mid-day trading, a decline of 11% from the average session volume of 9,528,831
AeroVironment, Inc. (NASDAQ:AVAV – Get Free Report)’s share price was up 6.5% during trading on Tuesday . The stock traded as high as $222.40 and last traded at $210.07. Approximately 2,434,311 shares changed hands during trading, an increase of 40% from the average daily volume
Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report)’s stock price shot up 9.1% during trading on Tuesday . The company traded as high as $22.70 and last traded at $21.39. 20,823,082 shares traded hands during mid-day trading, an increase of 134% from the average session
Shares of NIO Inc. (NYSE:NIO – Get Free Report) traded down 3.2% during mid-day trading on Tuesday . The stock traded as low as $6.43 and last traded at $6.4450. 31,712,997 shares were traded during mid-day trading, a decline of 29% from the average session volume
