Juniper (JNPR) Stock Jumps 21.8%: Will It Continue to Soar?
JNPRJuniper Networks(JNPR) Zacks Investment Research·2024-01-10 19:01

Juniper Networks (JNPR) shares rallied 21.8% in the last trading session to close at 36.81.Thismovecanbeattributabletonotablevolumewithahighernumberofsharesbeingtradedthaninatypicalsession.Thiscomparestothestock′s2.936.81. 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 2.9% gain over the past four weeks. Juniper has inked an agreement with Hewlett Packard Enterprise, under which the latter will acquire the former in an all-stock deal of 40.00 per share valued at approximately $14 billion. The merger accentuates Hewlett Packard’s portf ...