LiveWire

CoreLogic  Inc. agreed to sell itself to two private-equity firms for about $6 billion, a surprising end to an auction of the real-estate-data provider that was kicked off by a pair of shareholder activists. Stone Point Capital LLC and Insight Partners said Thursday they agreed to buy CoreLogic for $80 a share, or about $6 billion. The deal represents a 51% premium to CoreLogic’s share price in June before the activists showed up, the firms said. - WSJ

It comes on top of a roughly 6% stake in PacBio that SoftBank had already accumulated and will give the Japanese investor significant sway over the Menlo Park, Calif., company. PacBio has a market value of $7.4 billion after a dramatic jump in its shares in recent months that was sparked in part by a new joint venture with Invitae Corp., a medical-genetics company. PacBio, whose shares are up 11-fold since July, has also brought in new management, including a chief executive. - WSJ

Shares of the video-game retailer fell 16% to close at $50.31 in New York, their lowest level since Jan. 21, wiping out $30.2 billion in value from its January peak. The stock fell below $50 during intraday trading. Its slump came as trading volume continued to dry up with about 26 million shares changing hands, less than half of what’s been seen in the past month. - Yahoo

Some of the sectors doing well in the stock market right now are not the ones that have the strongest expectations on earnings

Canopy Growth shares surged nearly 12% Tuesday as the Canadian cannabis giant reported better than expected results in its latest quarter and delivered unexpected and upbeat guidance for investors. Revenue jumped more than 23% over the same quarter last year to top C$152 million ($119.6 million USD) and the company reported its third straight quarter of shrinking losses. Perhaps even more importantly, Canopy also returned to issuing forward guidance to point toward projected adjusted profitability by the back half of the company’s next fiscal year - Yahoo