Morgan Stanley analyst Kristine Liwag upgrades CAE (NYSE:CAE) from Equal-Weight to Overweight.
What’s Going On With Snap Stock?
Snap announced that it intends to offer a $650 million aggregate principal amount of convertible senior notes due 2030 in a private placement to qualified institutional buyers. Snap also intends to grant the initial purchasers of the notes an option to purchase up to an additional $100 million aggregate principal amount of notes.