Today: 20 March 2026
Browse Category

NYSE:NVRI 21 November 2025

Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off

Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off

Enviri Corporation will sell its Clean Earth hazardous-waste unit to Veolia Environnement for $3.04 billion in cash and spin off its remaining businesses into a new public company, New Enviri. NVRI shares jumped over 30% in premarket trading. Shareholders are set to receive $14.50–$16.50 per share in cash plus 0.33 shares of New Enviri for each Enviri share. The deal is expected to close by mid-2026.

Stock Market Today

  • US Stocks, Bonds, and Gold Slide Amid Iran Conflict and Rising Oil Prices
    March 20, 2026, 4:11 PM EDT. US stocks and bonds declined sharply as the Iran war intensified, pushing oil prices up and gold to its worst week in 40 years. The Russell 2000 index fell 2.7%, nearing correction territory (a 10% drop from peak). The Dow dropped 444 points (0.96%), S&P 500 fell 1.51%, Nasdaq slumped 2.01%, with the Nasdaq nearly in correction at down 9.65% since late October. The conflict raised energy prices, elevating inflation concerns and complicating central bank policies. Treasury yields surged, with the 10-year yield reaching 4.39%, the highest since July. Gold plunged 2% on Friday, marking a 10% weekly loss. Brent crude rose 3.26% to $112.19 per barrel. Market uncertainty persists over conflict duration and oil prices, with investors cautious about further downside.
Go toTop