Shares of HomeAway, Inc. (AWAY) are higher by nearly 23% to $39.30 in pre-market trading on Thursday following this morning’s announcement of deal to be acquired by Expedia (EXPE) for $3.9 billion in cash and stock. The deal for the world’s largest online travel agency by bookings is valued at about $37.86 per share, compared to Wednesday’s closing pps of $32.04.
The news marks the largest acquisition in Expedia’s history.
General Motors (GM) — The automaker said vehicle sales in China rose 15 percent, putting sales in that country at a record high.
“The recently announced government incentive for vehicle purchases helped boost buying sentiment starting in October,” Matt Tsien, GM’s China President said in a press release published by the Detroit, Michigan-based company on its website on Thursday.
Shares of FireEye Inc (FEYE) are down 18.78% to $23.65 as its third-quarter earnings per share and revenue missed Street view. Q3 EPS came in at a loss of $0.37, 8 cents smaller than anticipated. The maker of cyber security software also issued a weaker than expected guidance for the current quarter, saying it expects revenue in the range of ($0.38) to ($0.36) versus consensus of ($0.40) per share.
bluebird bio, Inc. (BLUE) is selling off pre-market after updating data abstracts at the 57th Annual Meeting of the American Society of Hematology.
bluebird bio Inc. shares recently traded at $90.15, a loss of $3.49 over Wednesday’s closing price. Cambridge, Massachusetts-based clinical-stage company has a current market cap of $3.27 billion.
Facebook (FB) is surging 4.85 percent to $108.99 as its third-quarter revenue surged 41% to $4.5 billion on the strength of its mobile advertising, pushing shares to an all-time high. In its quarterly report, the social networking giant said it earned $0.57 per share, well above the $0.52 per share the Street was expecting.
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