Daily Stock Market News

Citrix, Spotify, Knightscope, Tesla: What to Watch in the Stock Market Today

Wall Street indexes were mixed in morning trading. Here’s what we’re watching on Monday:

  • Elliott Management and Vista Equity Partners are near an agreement to pay $104 a share, or roughly $13 billion, for software company

    Citrix Systems,

    CTXS -3.69%

    according to people familiar with the matter.

  • Robot security company


    KSCP 30.60%

    was climbing in morning trading, building on Friday’s 176% surge that followed its rocky debut the day before.

  • Music-streaming company


    SPOT 8.90%

    on Sunday made public its content policies, which it didn’t alter, and created a Covid-19 information hub. The move came after folk singer

    Neil Young

    had his music removed from the platform as he complained that it was allowing popular podcaster Joe Rogan to spread Covid-19 misinformation through his program.

The U.S. headquarters of the music streaming service Spotify in lower Manhattan, Dec. 8, 2019.


Daniel Kalker/dpa/Associated Press

  • Semiconductor company


    WOLF 0.20%

    said it would offer $500 million of senior convertible notes.

  • Maker of elevators and escalators

    Otis Worldwide

    OTIS 1.72%

    said its profit rose for the fourth quarter as sales grew in both the new-equipment and service segments.

  • L3Harris Technologies,

    LHX -4.52%

    a provider of services to aviation-, space- and defense-industry customers, said it expects organic revenue to grow by a percentage rate in the low single digits in 2022, driving higher adjusted earnings.

  • Novavax

    NVAX 6.63%

    shares were climbing in morning trading. The vaccine maker’s shares closed up 14% on Friday after Israel’s Ministry of Health agreed to buy doses of the company’s NVX-CoV2373 Covid-19 vaccine candidate.

  • Credit Suisse lifted its rating on


    TSLA 5.54%

    stock to “outperform.”

  • Netflix

    NFLX 8.06%

    ‘s stock got a ratings upgrade from


    to “buy” from “neutral,” and a price target of $450. It closed Friday at $384.36.

  • J&J Snack Foods,

    JJSF -1.02%


    CBT -1.38%



    FN 1.57%

    are due to report after the close.

Chart of the Day

Write to James Willhite at james.willhite@wsj.com

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Read More: Citrix, Spotify, Knightscope, Tesla: What to Watch in the Stock Market Today

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