May. 20 at 1:22 PM
Shares of the U.S. energy company
$TXNM rose +6.98% on Monday at
$56.57, after TXNM agreed to be acquired by Blackstone’s infrastructure unit. TXNM Energy shareholders will receive
$61.25 in cash for each share as part of the deal. The stock is up +6.06% in the past month, +15.05% in 2025 & +45.65% y/y, with a market cap of
$5.24B.