Let’s check out the Yahoo Finance charts of the day.
SodaStream (SODA): PepsiCo announced that it is buying personal beverage making device company SodaStream for $3.2 billion in cash, or $144 per share. The deal comes as beverage and snack giant PepsiCo continues to seek ways to diversify its business away from sugary sodas.
Apple (APPL): Apple is cracking down on illegal content in China after it removed potentially thousands of apps related to gambling, including “lottery” services. The Wall Street Journal reports that the U.S. phone-maker purged as many as 25,000 apps.
Nike (NKE): Piper Jaffray upgraded the athletic footwear and apparel maker to Overweight from Neutral noting leaner inventories and an innovative product pipeline.
For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.