YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Waddell & Reed shares stoked by takeover rumors

Posted online

Kansas-based Waddell & Reed Financial Inc.'s shares have climbed amid rumors of a takeover.

JPMorgan Chase & Co. was cited in media reports as a possible suitor.

Waddell & Reed's shares rose as high as $18 per share on Oct. 14, hitting nearly that figure again yesterday after closing at $16.70 per share on Oct. 13, according to stock market data.

Read more from the Kansas City Business Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Republic Intermediate School

The Republic School District is on track to open its Intermediate School for fifth- and sixth-grade students for the 2025-26 academic year.

Most Read
Update cookies preferences