Juniper Networks' stock spikes 26% on report it could be soon acquired by HPE
HPEHPE(HPE) Market Watch·2024-01-09 07:41

Shares of Juniper Networks Inc. JNPR, +1.04% soared 26% in extended trading Monday following a report that Hewlett Packard Enterprise Co. HPE, +3.20% is in advanced talks to acquire Juniper for approximately $13 billion and thrust the venerable technology pioneer into the artificial intelligence age. A deal could be struck and announced as soon as this week, according to a Wall Street Journal report Monday, citing people familiar with the matter. Shares of HPE were down 7% in after-hours trading Monday. ...