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Why Are These Stocks Surging Today?

2015-10-09 20:43:57| Logistics - Topix.net

It's been a great day for the shareholders of UTi Worldwide Inc. , Horsehead Holding Corp. , and Teck Resources Ltd , as the value of their equities have surged 47.6%, 26.2%, and 6.16%, respectively, in early morning trade. UTi Worldwide shares are up after the company's board accepted DSV's offer to acquire the logistics company for $7.10 a share, while Horsehead Holding Corp and Teck Resources shares are up as base metal commodity prices surge on Friday.

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