WestRock and Apple are among Thursday's movers
WestRock Co.’s WRK, +4.66% stock gained more than 5% amid merger talks with Smurfit Kappa. In a statement released Thursday Smurfit Kappa confirmed that the companies’ boards discussing a potential combination to create Smurfit WestRock. The merger would create “a global leader in sustainable packaging,” according to Smurfit Kappa.
UiPath Inc. shares PATH, +10.30% rose more than 10% after the AI startup’s earnings beat and stock buyback outweighed its conservative outlook.Shares of C3.ai Inc. AI, -12.76% slumped more than 13% after the AI stalwart reported quarterly results that generally met analyst forecasts.
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After-hours movers: WestRock gains on deal rumors, GameStop up on EPS By Investing.comAfter-hours movers: WestRock gains on deal rumors, GameStop up on EPS
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Smurfit Kappa in talks with WestRock to create paper and packaging giantSmurfit Kappa is in discussions to merge with U.S. rival WestRock , the Irish firm said on Thursday, in a tie-up of two of the world's largest paper and packaging producers.
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Here are Thursday's biggest analyst calls: Nvidia, Meta, Apple, Netflix, Roku, McDonald's, Micron & moreHere are Thursday's biggest calls on Wall Street.
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