Penumbra (PEN) Climbs to All-Time High on $14.5-Billion Merger

We recently published 10 Stock With Eye-Popping Gains; 5 Are on Fresh Highs. Penumbra Inc. (NYSE:PEN) was one of the top performers on Thursday. Penumbra soared to a new all-time high on Thursday, as investors snapped up shares following announcements that it is set to be acquired by Boston Scientific Corporation for $14.5 billion. At intra-day trading, the stock surged to its highest price of $352.15 before trimming gains to finish the session just up by 11.82 percent at $350.49 apiece. This followed ...