Quest Software Inc. (QSFT) agreed Friday to be taken private by Insight Venture Partners for $23.00 per share in an all-cash deal that values the company at about $2.0 billion.
Quest Software gapped open dramatically higher Friday, but traded in a narrow range throughout the session. Shares finished up by 4.67 at $24.07 on the highest volume of the year. The stock jumped to a 10-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.