Core Insights - U.S. stocks experienced an upward trend, with the Nasdaq Composite increasing by over 200 points on Thursday [1] - Radian Group Inc. announced a definitive agreement to acquire Inigo for $1.7 billion, leading to a significant rise in its share price [1][2] Radian Group Inc. - The acquisition of Inigo is valued at 1.5 times its expected 2025 tangible equity and is expected to close in the first quarter of 2026 [2] - This deal is projected to nearly double Radian's revenue and boost earnings per share by mid-teens percentages in the first full year [2] - Radian Group shares surged by 11.2%, reaching $38.63 on Thursday following the announcement [2] Other Notable Stock Movements - 89bio, Inc. shares increased by 85.3% to $14.98 after announcing an acquisition agreement with Roche [4] - Intel Corporation saw a gain of 24.6% to $31.04 due to a joint development announcement with NVIDIA, which will invest $5 billion in Intel's stock [4] - Other companies such as Eightco Holdings Inc., Nanobiotix S.A., and Intellia Therapeutics, Inc. also recorded significant gains ranging from 16.2% to 21.5% [4]
Radian Group, Intel, Nanobiotix, CrowdStrike And Other Big Stocks Moving Higher On Thursday - Altimmune (NASDAQ:ALT), ASML Holding (NASDAQ:ASML)
Benzinga·2025-09-18 14:19