Why OceanFirst Financial Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session - ACM Research (NASDAQ:ACMR), ADS-TEC Energy (NASDAQ:ADSE)
Benzinga·2025-12-30 17:31

Company Overview - OceanFirst Financial Corp. announced plans to acquire Flushing Financial Corporation in an all-stock deal valued at $579 million [1] - Following the announcement, OceanFirst Financial shares fell 7.4% to $18.15 [1] - Flushing Financial Corporation's shares also declined by 9.5% to $15.28 after the merger agreement was revealed [5] Market Movements - Profusa, Inc. shares surged 112% to $0.1445 after restructuring its senior secured convertible note [4] - Antelope Enterprise Holdings Limited rose 99% to $2.25, while Oriental Culture Holding LTD gained 68% to $0.1395 [4] - Ekso Bionics Holdings, Inc. saw a 54.3% increase to $8.43, attributed to positive investor sentiment [4] - Cemtrex, Inc. climbed 52% to $3.2118 as it returned to profitability despite a going-concern warning [4] Strategic Investments - OceanFirst Financial Corp. and Flushing Financial Corporation announced a $225 million strategic investment from Warburg Pincus as part of their merger agreement [5]

AXT-Why OceanFirst Financial Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session - ACM Research (NASDAQ:ACMR), ADS-TEC Energy (NASDAQ:ADSE) - Reportify