WFM Stock Trading Above Buyout Price
Markets were rocked back last week when Amazon.com, Inc. (NASDAQ:AMZN) announced its intention to buy Whole Foods Markets, Inc. (NASDAQ:WFM). However, something strange has happened since then. The Whole Foods stock price jumped past $43.00, despite the fact that Amazon only offered $42.00 per share. What is going on?
Here is what we know.
There are rumors that Amazon's rivals will enter competing offers to buy Whole Foods, thus igniting a bidding war. Some analysts raised.
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Markets were rocked back last week when Amazon.com, Inc. (NASDAQ:AMZN) announced its intention to buy Whole Foods Markets, Inc. (NASDAQ:WFM). However, something strange has happened since then. The Whole Foods stock price jumped past $43.00, despite the fact that Amazon only offered $42.00 per share. What is going on?
Here is what we know.
There are rumors that Amazon's rivals will enter competing offers to buy Whole Foods, thus igniting a bidding war. Some analysts raised.
Den vollständigen Artikel lesen ...