- Cloud-related stocks large and small are moving with IBM’s $34B acquisition of peer Red Hat.
- On the move: (MDB +4.3%), (SPLK +6.4%), (NTNX +4.1%), (OKTA +3.8%), (WDAY +5.5%), (SAIL +3.4%), (COUP +1.6%), (PAYC +2.9%), (ZEN +3.4%), (DATA +3.4%), (TDOC +2.4%), (CTXS +3%), (MB +3.2%), (AYX +2%), (TWLO +2.8%), (NOW +1.9%), (NEWR +3.3%), (TTD +1.8%).
- Previously: IBM acquires Red Hat for $34B (Oct. 28)
- Previously: IBM, Red Hat and recent IPOs move on $34B deal (Oct. 29)