Icahn discloses 12.6% stake in the data-analytics company, whose shares have shed some 70% since May 2017.
Shares of the maker of health and fitness devices are near their all-time low, but buying now could pay off down the road.
Symantec shares surge 22% in late trading on takeover bid story.
The proposed, $63 billion transaction is the latest deal in an industry where it can be cheaper to buy the science of another company than develop products.
These two firms have successful drugs and could make nice additions for larger companies.
The stocks of these two developmental concerns have slid recently, but there are reasons to believe they will improve.
Occidental Petroleum reports first-quarter earnings that beat analysts' forecasts as it moved to sweeten its bid for Anadarko Petroleum with more cash and less stock.
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