Emcore (EMKR) shares surged 74% amid heavy trading after Mobix Labs (MOBX) said Monday that it submitted a non-binding cash offer to acquire Emcore shares for $3.80 apiece.
More than 27.5 million Emcore shares traded intraday compared with a daily average of about 314,000.
TTEC Holdings (TTEC) said Monday that its board received an unsolicited proposal from founder and CEO Kenneth Tuchman to take the company private at a purchase price of $6.85 per share.
Shares surged 44% as intraday trading volume soared to over 16.2 million from a daily average of about 465,000.
Nio (NIO) said Monday its Nio China subsidiary will receive 3.3 billion Chinese renminbi ($470.6 million) in strategic investments from Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Industry Investment, and CS Capital, for newly issued shares.
Shares climbed 5.1%, with intraday trading volume at over 174.7 million compared with a daily average of about 53.1 million.
Price: 2.11, Change: +0.90, Percent Change: +74.38
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