Magna Completes Acquisition of Veoneer Active Safety Business
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
Check Earnings Report
US:NYSE Investor Relations:
magna.com/investors
Company Research
Source: GlobeNewswire
Broadens Magna’s active safety portfolioStrengthens Magna’s global position as a top active safety supplierIncreases scale of sensor, software and systems engineering capabilities AURORA, Ontario, June 01, 2023 (GLOBE NEWSWIRE) -- Magna strengthens its active safety business with the completion of its acquisition of Veoneer Active Safety from SSW Partners. The deal, which closed today, positions Magna as one of a few suppliers equipped to tackle the increasing complexity coming from advanced software, system and integration challenges by delivering a complete set of offerings to customers. Projected to generate more than $3 billion in sales in 2024, the combined business builds a more comprehensive active safety portfolio across all relevant sensors, central computer systems and software solutions for Magna in one of the fastest growing market segments in automotive. “Adding experienced talent and complementary capabilities to our strong foundation in active saf
Show less
Read more
Impact Snapshot
Event Time:
MGA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGA alerts
High impacting Magna International, Inc. news events
Weekly update
A roundup of the hottest topics
MGA
News
- Magna International Inc. (NYSE: MGA) had its price target lowered by analysts at CIBC from $61.00 to $59.00. They now have a "neutral" rating on the stock.MarketBeat
- Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash [TechCrunch]TechCrunch
- Uber, Nvidia-backed Serve Robotics hits public markets with $40M splash [Yahoo! Finance]Yahoo! Finance
- Magna International Inc. (NYSE: MGA) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Magna Announces Date for Q1 2024 Results Call [Financial Post (Toronto, Ontario, Canada)]Financial Post
MGA
Earnings
- 2/9/24 - Miss
MGA
Sec Filings
- 4/2/24 - Form 6-K
- 3/29/24 - Form 6-K
- 3/28/24 - Form 40-F
- MGA's page on the SEC website