Home Options Shares of Woodward, Inc. Rise on Takeover Speculation

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Shares of Woodward, Inc. (WWD) rose sharply in trading on Thursday on speculation that the company was a buyout target. Various commentators speculated on the matter, specifically naming Boeing as the likely buyer. However, others noted that Boeing was more likely to partner with the company as opposed to buying it out. Nevertheless, to most some kind of deal seemed likely since Boeing was reported to be in talks with the manufacturer. WWD shares closed up +7.46 to settle at 82.93 for the session. Keep an eye on the stock as this story is developing.

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