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Kenvue rose 3% amid speculation about a rival bidder after agreeing to be sold to Kimberly-Clark for $40 billion. Shuttle Pharmaceuticals (SHPH) was acquired by Indigo Pharmaceuticals for $25 million. Warner Bros. Discovery (WBD) acquired a 24% stake in HBO Max parent company AT&T's WarnerMedia. Adobe (ADBE) acquired Figma for $20 billion, while Workday (WDAY) acquired Adaptive Insights for $1.8 billion.

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