© Reuters.

Investing.com – Stocks in focus in premarket trade Monday:

• United Technologies (NYSE:) stock and Raytheon (NYSE:) stock gained 2.4% and 8.7%, respectively, by 7:55 AM ET (11:55 GMT) after the two companies that would create an aerospace and defense giant worth about $121 billion.

Tableau Software (NYSE:) stock skyrocketed 33.6% after in a deal valued at $15.7 billion. Salesforce stock (NYSE:) fell 4.9%.

• Tilray (NASDAQ:) stock jumped 17.8% after the company signed a letter of intent with its largest stockholder Privateer Holdings to extend the lock-up on 75 million of the company’s shares representing 77% of total stock outstanding.

Shutterfly (NASDAQ:) stock traded up 6.2% on reports that in a deal that would value the digital imaging company at about $2 billion.

• Fiat Chrysler (NYSE:) stock rose 1.9% on a report that the company had with Renault (PA:). Sources cited by Reuters said the deal would most likely involve a reduction in the French automaker’s stake in Nissan (T:) in an attempt to secure the Japanese company’s approval.

• Insys Therapeutics (NASDAQ:) stock plunged 61.8% after the company filed for Chapter 11 bankruptcy.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link