Stocks Rebound; Technology Rally Leads Nasdaq To Record High

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Software maker CA soared 18.7% to $44.15, the biggest gain in the technology sector, after it accepted an takeover offer from Broadcom worth $18.9 billion, or $44.50 a share. Broadcom investors expressed their disapproval of the deal, which involves Broadcom taking on $18 billion in debt. The stock dropped 13.7% to $209.98. Broadcom's market value fell by $14.4 billion.

Source : http://www.latimes.com/business/la-fi-financial-markets-20180712-story.html

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