Gilead Sciences headquarters in Foster City, California. Previous NextSeveral big corporate deals helped put investors in a buying mood Monday on Wall Street. Nvidia jumped by 5.8 percent after announcing plans to buy fellow chipmaker Arm Holdings in a deal worth up to US$40 billion. And the stock of Immunomedics nearly doubled after the cancer drug specialist agreed to be acquired by Gilead Sciences in a US$21 billion deal. Gilead shares climbed by 2.2 percent.-AP

Source: The Standard September 15, 2020 01:07 UTC