GAIN Capital Holdings (GCAP) announced Tuesday morning that it received a letter from FXCM Inc., which contains a proposal to acquire GAIN for 0.3996 shares of FXCM Class A common stock.
GAIN Capital gapped open sharply higher Tuesday, but was range-bound for the majority of the session. The stock closed up by 1 point at $5.27 on strong volume and set a 9-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.