Shares of hospital bed maker
Hill-Rom Holdings (NYSE:HRC) have strong momentum heading into the weekend and heading into earnings. On Wednesday, shares of Hill-Rom surged past $132 a gain of more than 7% on reports that the company had rejected an offer from
Baxter International (NYSE:BAX) to buy the company for
$144 a share.
On Thursday, the shares continued to climb in anticipation of earnings day tomorrow. By close of trading Thursday, Hill-Rom stock was up 12.9% from last Friday s close.
Image source: Getty Images.
So what
Baxter s (reported) offer to buy Hill-Rom for $144 was certainly part of the reason why the stock surged this week. Indeed, it may be the only reason, sufficient to account for
Why Shares of Hill-Rom Holdings Jumped Today
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Why Shares of Hill-Rom Holdings Jumped Today
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Hill-Rom Shares Rally On Reports of Baxter Deal Talks — Update
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