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Stock Market Live Updates 25/11 – Slack Stock Surges After Reports Salesforce Could Acquire Company

Updated: 25 Nov 2020

Latest 21:05
US Markets Close

DOW          -0.58%
S&P            -0.14%
NASDAQ  +0.47%

Tech stocks are the stronger performers today, helping the Nasdaq to close the day positive.

Today 20:20
US Stocks

Source: finviz.com

Today 19:23
Salesforce Held Talks To Buy Slack

According to reports, Salesforce has held talks to acquire slack and a deal could be announced as soon as next week.

Slacks stock has surged over 30% on the news and is currently trading at $38.63.

Salesforce shares are falling, currently trading at $249.21, down 4.46%.

WORK

Today 17:23
Omega Diagnostics Shares Close 2% Higher

Shares of Omega Diagnostics closed 2.13% higher today despite being up 17% at one point during the session.

OMEGA DIAGNOSTICS SHARES SURGED 17% TODAY AFTER BUYERS STEPPED IN

Today 16:38
Aveva Stock Plummets

Aveva shares close down 20% on Wednesday at 3,295p after the company’s shares from the rights issue debuted on the London Stock Exchange.

AVEVA SHARES FELL 21.5% TODAY ON DEBUT OF 125.7MLN RIGHTS ISSUE SHARES

AVV

Today 16:35
European Equities Mixed

FTSE 100    -0.65%
DAX             +0.02%
STOXX 50  +0.16%
IBEX 35      +0.28%
CAC 40       +0.23%

Today 14:39
US Equities Mixed

DOW         -0.39%
S&P           -0.22%
NASDAQ +0.30%

Today 11:52
Indices Fall

US equity futures have turned slightly with the Dow and S&P now trading in the red and the Nasdaq up 0.27%.

European equities have also fallen with the FTSE 100, DAX, STOXX 50, IBEX 35 and CAC 40 all down on the day.

Today 11:22
Aveva Shares Plummet

Shares of AVEVA Group plc (LON: AVV) fell 21.5% today after the company’s shares from the rights issue debuted on the London Stock Exchange triggering the drop in its share price.

AVEVA SHARES FELL 21.5% TODAY ON DEBUT OF 125.7MLN RIGHTS ISSUE SHARES

Tradingview chart of Aveva share price 25112020

Today 10:10
UK Stock Gainers

Calnex +23.06%: Calnex reports unaudited interim results for the six months ending 30th of September. The company says it saw strong revenue growth and continued strong demand.

Bonhill +19.66%

Arena Events Group +14.62%

N4 Phamra +14.04%

GoCo Group +14%: GOCO SHARE PRICE SOARS AFTER ACCEPTING FUTURE TAKEOVER BID

Today 08:42
European Equities Positive

FTSE 100     +0.47%
DAX              +0.29%
STOXX 50   +0.30%
IBEX 35       +0.37%
CAC 40        +0.51%

Today 08:00
Morning Recap

Good morning…

Equities
After a strong day on Wall Street, Asian index’s traded mostly lower overnight.
European equity futures are mixed while US futures are up.

Covid-19
England, Northern Ireland, Scotland, and Wales have agreed to relax restrictions for Christmas. UK case numbers are falling once more, but deaths rose yesterday.
Deaths in Italy are also on the rise.
France also set out its plan to ease lockdown restrictions.

Stocks
Nikola shares fell after-hours as its CEO provided no clarity on the GM deal.
6.4 million Pfizer COVID-19 vaccine doses will be sent out across the US within 24 hours of FDA approval.
India has axed several Alibaba apps in a widening anti-China crackdown.
Elon Musk says that Tesla’s gigafactory in Berlin will feature the largest battery cell plant in the world.

Economic Calendar
On the calendar today we have the UK spending review, US durable goods orders, initial jobless claims, GDP, personal income and spending.

 

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