Advertisement
New Zealand markets close in 2 hours 57 minutes
  • NZX 50

    11,804.19
    -71.16 (-0.60%)
     
  • NZD/USD

    0.5920
    +0.0000 (+0.01%)
     
  • NZD/EUR

    0.5544
    +0.0002 (+0.04%)
     
  • ALL ORDS

    7,890.00
    +29.00 (+0.37%)
     
  • ASX 200

    7,633.70
    +28.10 (+0.37%)
     
  • OIL

    82.75
    +0.06 (+0.07%)
     
  • GOLD

    2,382.20
    -6.20 (-0.26%)
     
  • NASDAQ

    17,493.62
    -220.04 (-1.24%)
     
  • FTSE

    7,847.99
    +27.63 (+0.35%)
     
  • Dow Jones

    37,753.31
    -45.66 (-0.12%)
     
  • DAX

    17,770.02
    +3.79 (+0.02%)
     
  • Hang Seng

    16,247.11
    -4.73 (-0.03%)
     
  • NIKKEI 225

    37,812.79
    -149.01 (-0.39%)
     
  • NZD/JPY

    91.2580
    -0.0300 (-0.03%)
     

Will David Tepper Be Happy about the AbbVie-Allergan Deal?

Will David Tepper Be Happy about the AbbVie-Allergan Deal?

On June 25, AbbVie (ABBV) announced that it plans to buy Allergan (AGN) for ~$63 billion. At 10:20 AM ET, Allergan stock rose 27%, while AbbVie stock fell 15%.