Haemonetics Corp. (HAE) announced Monday morning that it entered into a definitive agreement to acquire Global Med Technologies Inc. for approximately $60 million in a cash tender offer.
Haemonetics Corp. gapped down slightly Monday and has since fallen sharply lower on above average volume. Shares are now down 2.95 at $53.66. The stock has dropped to a 2-month low and has fallen below both its 50 and 200-day moving averages.
For comments and feedback contact: editorial@rttnews.com
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.