|Last Price$91.00||Day Change (%)0.32%|
|Open Price$90.90||Day Change ($)0.29|
|Day Range90.65–91.90||52-Week Range82.50–167.92|
As of Thu 10/27/2016 6:43:00 PM | USD
The continuing U.S. stock market rally has diminished the number and similarity of purchases across these top managers.
Recent deals have been driven more by tax strategies than therapeutic synergies.
Favorable conditions are in place for merger-arbitrage ETFs, including increasing M&A activity and the likelihood of higher interest rates.