Today: 20 May 2026
Browse Category

NASDAQ:THRM 29 January 2026 - 2 February 2026

Modine stock jumps after $1 billion Gentherm deal accelerates pivot to data-center cooling

Modine stock jumps after $1 billion Gentherm deal accelerates pivot to data-center cooling

Modine shares rose 5.8% to $187.00 Friday after announcing it will spin off its Performance Technologies unit and merge it with Gentherm in a $1 billion tax-free deal. Modine shareholders will receive about 21 million Gentherm shares valued near $790 million and a $210 million cash payout. The deal requires Gentherm shareholder and regulatory approval. Modine’s quarterly results are due Feb. 4 after market close.
30 January 2026
··
Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine shares rose 18.6% to $174.15 after announcing a $1 billion deal to spin off its Performance Technologies unit and merge it with Gentherm in a Reverse Morris Trust. Modine will receive $210 million in cash and its shareholders about 40% of the combined company. The deal is expected to close in late 2026, pending approvals. Gentherm shares were little changed.
29 January 2026
····

Stock Market Today

  • Roper Technologies (ROP) Trading Below Analyst Targets, Potentially Undervalued
    May 19, 2026, 11:35 PM EDT. Roper Technologies (ROP) shares fell about 9% in the past month to $328.91, with a 1-year total shareholder return down 42.68%, reflecting investor concerns over growth and risk balance. Analysts estimate a fair value around $453.75, implying the stock is 27.5% undervalued. This view hinges on Roper's continued growth via acquisitions and AI-driven software, supporting strong cash flow and EBITDA margin expansion. However, risks include potential integration challenges and rising competition. Investors are advised to carefully assess Roper's revenue trajectory, profit margins, and execution capabilities amid mixed market sentiment.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
Go toTop