Why Janus Henderson Group Stock Was Skyrocketing on Monday

One of the lesser-known financial stocks on the exchange was having quite a trading session on Monday. On news that Janus Henderson Group (NYSE: JHG) had received a premium-priced buyout offer, the financial services company's shares raced to a gain of over 11%. That compared most favorably to the slightly over 1% rise of the S&P 500 (SNPINDEX: ^GSPC).Just before market open that day, Janus Henderson announced that it had received a nonbinding takeover bid from hedge fund and activist investor Trian Fund Management (aka Trian Partners). In combination with several of its affiliates, Trian is offering $46 per share for the company. As often occurs in these situations, Janus Henderson's share price swelled quickly to that level. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool