https://tokenist.com/incredibly-insightful-trader-pockets-10m-on-a-22k-investment/
In a stunning turn of events, an unidentified investor defied all conventional wisdom within the traditional stock market by achieving an astronomical 45,650% return on their investment. Typically, such meteoric gains are associated with the volatile crypto market, but this remarkable feat unfolded in the world of stocks.
The catalyst for this extraordinary performance was Cisco Systems' acquisition of Splunk, a renowned software company specializing in networking products and services. The deal, valued at a staggering $28 billion, saw Cisco pay $157 per share in cash for Splunk, constituting 13% of Cisco's market cap. Following the announcement, Cisco's shares dipped by 4.5%, while Splunk's shares skyrocketed by 22%, reaching $145 per share.
[link] [comments] https://www.reddit.com/r/stocks/comments/16pgql2/incredibly_insightful_trader_pockets_10m_on_a_22k/
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