Shares of Juniper Networks, Inc. (JNPR) are rising more than 22% Tuesday morning on reports of advanced talks for acquiring the company by Hewlett Packard Enterprise.
The deal could be valued about $13 billion, a report by The Wall Street Journal said citing people familiar with the matter.
JNPR is at $36.93 currently. It has traded in the range of $24.87 - $37.27 in the last 52 weeks.
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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.