Arconic shares jump 10.5 percent on report of private equity firm’s buyout interest

Arconic shares jump 10.5 percent on report of private equity firm’s buyout interest

Metals manufacturer Arconic shares spiked on Monday after a report released from The Wall Street Journal said the company was drawing interest from private equity firms. The stock closed with shares up 10.47 percent at $19.20 per share on Monday, making it the biggest gainer in the Standard & Poor’s 500 index. The stock had its best daily performance since Feb. 2, 2017. According to a report from The Wall Street Journal released on Friday,…

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