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Why Talend Stock Soared on Wednesday

TheMotleyFool

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Why Talend Stock Soared on WednesdayPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png

Shares of Talend (NASDAQ: TLND), a provider of a software platform for integrating data and applications, skyrocketed on Wednesday. The stock rose as much as 28.5%. As of 10:38 a.m. EST, shares were up 27.5%.

The tech stock's gain follows news that Talend entered into an agreement to go private in a cash deal.

Image source: Getty Images.

Source Fool.com

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