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Envestnet Stock Jumps on Report of Potential Sale Talks

Envestnet Stock Jumps on Report of Potential Sale Talks

Shares of fintech company Envestnet jumped 9% Tuesday after a news report said the company is exploring options that could include its potential sale to a private-equity firm. Shares of Envestnet were trading around $61.31 Tuesday afternoon, below their 52-week high of $68.83. A company representative declined to comment.