Five 9 Inc (FIVN)

Shares of Five9 Inc (FIVN) dropped by 6.39% from $85.47 to $80.01 in the trading on Tuesday, December 5, 2023. The reason why FIVN is down today is due to an announcement by Five9 Inc. that it had been approached with an acquisition opportunity but had decided not to pursue any deal. The cloud-based software provider's decline came in response to a Bloomberg report from Monday, which suggested that Five9 Inc. was considering a possible sale. This consideration arose after a bid by Zoom Video Communications Inc. (ZM) fell through in 2021. However, Five9 Inc. clarified that it was not currently pursuing any deal.

Following the release of its second-quarter results and confirmation of an acquisition deal with Aceyus, Five9's stock experienced a decline of 14.46%.

https://www.benzinga.com/news/23/08/33638611/why-energizer-holdings-shares-are-trading-lower-by-13-here-are-other-stocks-moving-in-tuesdays-mid-d