PWP stock news · Perella Weinberg Partners
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Piper Sandler is looking to buy Perella Weinberg, causing its stock to drop almost 9%.
NeutralPerella Weinberg could join a larger advisory firm, but Piper Sandler has not made a deal. Perella Weinberg's sales rose 1% from a year earlier, as stronger client and deal activity helped make up for weaker financing work, so the report does not yet change its outlook.
Here are 12 financial stocks that changed a lot during Tuesday's trading.
NeutralPWP's shares rose 14.24% during Tuesday's session. The article gives no company news or business results, so the move alone does not change PWP's outlook.
CarMax reported strong earnings for the second quarter, and its stock, along with others like Iovance Biotherapeutics, went up on Tuesday.
NeutralPerella Weinberg was reported to be in talks with Piper Sandler about combining. No agreement or terms are reported, so the story does not yet change the firm's outlook.