Avast antivirus owner Gen Digital acquires MoneyLion in $1 billion deal [Yahoo! Finance]
MoneyLion Inc. Class A (ML)
Company Research
Source: Yahoo! Finance
Gen Digital will pay $82 for each MoneyLion share, a 6.5% premium to MoneyLion's last closing price. Additionally, MoneyLion shareholders will receive one contingent value right per share, entitling them to $23 in Gen Digital common shares, subject to Gen Digital's future stock performance. The acquisition will expand Gen Digital's financial wellness offerings by leveraging MoneyLion's personal finance platform, which boasts over 18 million users and provides credit-building and financial management services, the companies said. Gen Digital's existing financial service helps financial institutions reduce fraud expenses by integrating cyber safety solutions that enhance customer data protection online. The cybersecurity firm, which offers consolidated platforms for a subscription fee, has benefited from businesses increasing their focus on data and enterprise protection, especially as they integrate generative AI technology into their operations. The deal is expected to clos
Show less
Read more
Impact Snapshot
Event Time:
ML
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ML alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ML alerts
High impacting MoneyLion Inc. Class A news events
Weekly update
A roundup of the hottest topics
ML
News
- 'Beast Games' partnership with fintech company MoneyLion stirs controversy: Here's why [USA TODAY]USA TODAY
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ML, NURO, CARA on Behalf of ShareholdersAccesswire
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of MoneyLion Inc. (NYSE:ML) and Encourages Investors to Contact the Firm Accesswire
- MrBeast TV show faces controversy for fintech giveaway partner [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- MrBeast's show includes $4.2M giveaway with app critics say may trap other borrowers with high fees [Yahoo! Finance]Yahoo! Finance
ML
Earnings
- 11/7/24 - Miss
ML
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form SCHEDULE
- 12/16/24 - Form 144
- ML's page on the SEC website