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FILE PHOTO: A man photographs a Roblox banner displayed, to celebrate the company s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, U.S., March 10, 2021. REUTERS/Brendan McDermid/File Photo
(Reuters) - Shares of Roblox Corp surged to a record high on Tuesday after Hasbro Inc announced it would sell Nerf blasters inspired by the videogame platform.
Roblox, which is among the world’s most popular gaming sites for children and offers a host of games across mobile devices and gaming consoles, saw its stock jump nearly 9% to a record high of $81.69 a share on the New York Stock Exchange. It was last up 7%.
Shares of South Korea's SK Innovation and LG Chem jumped on Monday after the battery makers agreed on a 2 trillion won ($1.8 billion) dispute settlement over EV battery technology, which analysts said freed them up to stay on top of battery developments from clients like.
Indian shares and the rupee dropped on Monday as COVID-19 cases continued to rise relentlessly and a large state considered a lockdown, threatening to derail a recovery in Asia's third-largest economy.
By Reuters Staff
(Updates shares, adds rival stocks, comments from conf call, background)
April 12 (Reuters) - Canada’s Aphria Inc reported a loss for the third quarter on Monday as it reeled from fresh coronavirus lockdowns in parts of Canada and Germany, sending its shares down 14% and weighing on other pot producers.
While the pandemic has lifted demand for weed from customers staying at home, sales of cannabis producers suffered during the latest round of restrictions in key markets such as Ontario and Alberta as pot stores were forced to shut.
“The provincial lockdowns were more impactful, particularly in Canada, than we initially expected,” Aphria Chief Financial Officer Carl Merton said on a post-earnings call.
Microsoft Corp said on Monday it would buy artificial intelligence and speech technology firm Nuance Communications Inc for about $16 billion in cash, as it builds out its cloud strategy for healthcare.