BlackRock Falls, Rivian Drops, Baidu Rises on Morgan Stanley Upgrade
On this episode of Stock Movers:
-BlackRock (BLK) shares fall with news that the firm is advanced talks to acquire Aligned Data Centers, which could be valued at about $40 billion in a transaction.
-Rivian (RIVN) shares drop on news that the company is reworking a key element of its vehicle doors after employees and customers raised concerns over potential safety issues with the current design.
-Baidu (BIDU) shares rise after Morgan Stanley raised its price target on the China-based search engine to $140 from $100. Maintains equal-weight rating.
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