Onsemi to Buy Synaptics; Rocket Lab Extends Gain; Microsoft Eyes Worst Month Since 2000
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- US chipmaker Onsemi (ON) has agreed to buy Synaptics (SYNA), a firm that specializes in semiconductors for smart devices, in an all-stock deal that values the company at about $6.2 billion.
- Rocket Lab (RKLB) shares rise as the space firm says NASA selected it to provide three Electron launches for two missions, PolSIR and TSIS-2, from early 2027.
- Microsoft (MSFT) shares are down, with the software giant extending a recent selloff. The stock is down more than 20% this month, putting it on track for its biggest one-month percentage drop since December 2000
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