Previous Close | 104.37 |
Open | 105.06 |
Bid | 104.40 x 800 |
Ask | 105.00 x 900 |
Day's Range | 104.25 - 105.43 |
52 Week Range | 101.30 - 135.18 |
Volume | |
Avg. Volume | 6,574,103 |
Market Cap | 121.583B |
Beta (5Y Monthly) | 1.22 |
PE Ratio (TTM) | 11.64 |
EPS (TTM) | 8.98 |
Earnings Date | Oct 31, 2024 |
Forward Dividend & Yield | 3.12 (2.99%) |
Ex-Dividend Date | Aug 12, 2024 |
1y Target Est | 132.12 |
Companies have increasingly paused their merger and acquisition (M&A) plans amid uncertainty surrounding the upcoming US presidential election. Major deals, including proposed mergers between ConocoPhillips (COP) and Marathon Oil (MRO) as well as Capital One (COF) and Discover Financial Services (DFS), have reportedly pushed closing timelines into 2025 or beyond the presidential inauguration. Yahoo Finance Legal Reporter Alexis Keenan examines the factors behind this strategic pause in M&A activity, particularly focusing on how antitrust enforcement approaches could vary under a Trump administration versus a Harris administration. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith
Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger plans until a 2024 outcome is certain.