Solstice Stock Is Surging After Terminating Element Merger
Solstice Advanced Materials shares are jumping Friday after the company and Element Solutions agreed to terminate their pending merger.
Solstice and Element Solutions decided to stop their plan to join together as one company. When a deal falls apart, the stock sometimes goes up if investors think the company is better off staying separate.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.