Company News - UniFirst Corp (NYSE:UNF) received an acquisition proposal from Cintas Corporation (NASDAQ:CTAS) for $275 per share in cash, valuing UniFirst at approximately $5.2 billion, representing a 64% premium to its 90-day average closing price as of December 11, 2025 [2] - Adeia Inc (NASDAQ:ADEA) shares surged 28% to $16.38 after signing a long-term media IP license agreement with Disney and raising its 2025 outlook [8] - Sidus Space, Inc. (NASDAQ:SIDU) shares increased by 88% to $2.18 after being awarded a contract under the Missile Defense Agency's SHIELD IDIQ program [8] - Blacksky Technology Inc (NYSE:BKSY) shares rose 17% to $22.55 after Jefferies initiated coverage with a Buy rating and a price target of $23 [8] - Luminar Technologies, Inc. (NASDAQ:LAZR) shares dropped 61% to $0.24 after previously jumping around 175% on Friday, following the announcement of voluntary Chapter 11 proceedings [8] - EUDA Health Holdings Limited (NASDAQ:EUDA) shares fell 45% to $1.55 after announcing a strategic technology integration for its Digital Health and Rewards Platform [8] - Anebulo Pharmaceuticals, Inc. (NASDAQ:ANEB) shares decreased by 21% to $1.72 as the company announced its intent to commence a self tender offer [8] Market Performance - U.S. stocks traded higher, with the Dow Jones index gaining more than 150 points, up 0.39% to 48,322.06, NASDAQ up 0.46% to 23,417.50, and S&P 500 rising 0.46% to 6,866.26 [1] - In commodity news, oil traded up 2.1% to $57.71, gold up 1.8% to $4,464.20, silver up 2.2% to $68.94, while copper fell 0.2% to $5.4970 [5]
Crude Oil Jumps 2%; Chicago Fed National Activity Index Improves Slightly In September
Benzinga·2025-12-22 17:27