Evoqua Water Technologies Corp. (NYSE: AQUA) shares are trading higher after Xylem Inc. (NYSE: XYL) announced it will acquire the company in a $7.5 billion all-stock transaction.
Gainers
Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares climbed 444.4% to $1.47 after the company announced it successfully completed the review of results from Milestone 7, a phase of its biosensor platform development.
U.S. stocks closed higher on Tuesday, with the Nasdaq Composite gaining more than 150 points. Here is the list of some big stocks recording gains in the previous session.
Companies Reporting Before The Bell
• Alkaline Water Co (NASDAQ:WTER) is likely to report quarterly loss at $0.05 per share on revenue of $18.31 million.