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U.S. stocks were higher, with the Dow Jones index gaining over 200 points on Tuesday.
Shares of Avanos Medical Inc (NYSE:AVNS) rose sharply following the announcement of the going-private deal.
American Industrial Partners will buy the medtech company in an all-cash transaction at an enterprise value of approximately $1.272 billion.
Avanos Medical shares surged 69% to $24.55 on Tuesday.
Here are some other big stocks recording gains in today’s session.
- Travere Therapeutics Inc (NASDAQ:TVTX) gained 33.6% to $41.00 after the company announced that the FDA approved FILSPARI to reduce proteinuria in adult and pediatric patients aged 8 years and older with focal segmental glomerulosclerosis without nephrotic syndrome.
- Keel Infrastructure Corp (NASDAQ:KEEL) jumped 18.3% to $2.78.
- Bloom Energy Corp (NYSE:BE) gained 18% to $208.32 after the company announced an expanded partnership with Oracle to support the buildout of its AI and cloud computing infrastructure.
- IONQ Inc (NASDAQ:IONQ) gained 14.7% to $34.13 after the …
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