Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Eaton Vance Stock Skyrocketed 57% Last Month

TheMotleyFool

0 0

Why Eaton Vance Stock Skyrocketed 57% Last Month

Shares of investment advisor Eaton Vance (NYSE: EV) soared last month after the company agreed to be acquired by Morgan Stanley (NYSE: MS). According to data from S&P Global Market Intelligence, the stock finished the month up 57%.

As the chart below shows, those gains came almost entirely on Oct. 8, the day the deal was announced.