Oracle Rises, Nike Continues Fall, BioMarin Up Big After Acquisition
On this episode of Stock Movers:
- Oracle (ORCL) sees a 7% boost after it was announced that they would be leading a group of buyers in purchasing TikTok.
- Nike (NKE) is down for the fourth day in a row with an 11% drop today. Sales are continuing to decline, citing difficulty in China as well as their Converse brand.
- BioMarin Pharmaceutical (BMRN) is up big at 17% with their agreement to buy Amicus Pharmaceutics, helping expand their treatments for rare diseases.
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