Why Bullish Stock Zoomed Almost 12% Higher Today

The investor sentiment on Bullish (NYSE: BLSH) stock perfectly matched the company's name on Tuesday. The shares traded nearly 12% higher that day, thanks mostly to a new acquisition announced by the next-generation digital finance transaction and information specialist.Before market open, Bullish announced it had secured a definitive agreement to acquire Equiniti for $4.2 billion. This is composed of roughly $2.35 billion in Bullish stock and $1.85 in Equiniti debt to be assumed by Bullish. The seller is private equity firm Siris Capital Group. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool