Onestream (OS) Moves 28.4% Higher: Will This Strength Last?

Onestream (OS) shares rallied 28.4% in the last trading session to close at $23.61. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.2% loss over the past four weeks.Onestream shares are benefiting from the announcement of being acquired by Hg, a leading investor in software, services, and data businesses. The all-cash transaction values OneStream at approximately $6.4 billion in equity value.This artificial ...