Shareholder Investigation: Halper Sadeh Llc Investigates Brdg, Avte, Gb On Behalf Of Shareholders

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) — Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Bridge Investment Group Holdings Inc. ’s sale to Apollo. Under the terms of the proposed transaction, Bridge shareholders and Bridge OpCo unitholders will receive, at closing, 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively. If you are a Bridge shareholder, click here to learn more about your rights and options.

Aerovate Therapeutics, Inc. ’s merger with Jade Biosciences. Upon closing of the proposed transaction, Aerovate stockholders are expected to own approximately 1.6% of the combined company. If you are an Aerovate shareholder, click here to learn more about your legal rights and options.

Global Blue Group Holding AG ’s sale to Shift4 for $7.50 per common share in cash. If you are a Global Blue shareholder, click here to learn more about your rights and options.

Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Halper Sadeh LLC

Daniel Sadeh, Esq.

Zachary Halper, Esq.

One World Trade Center

85th Floor

New York, NY 10007

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

US equity indexes closed mostly lower on Monday as markets evaluated President Donald Trump's latest remark that the world's largest economy will likely proceed with implementing tariffs on Canada and Mexico.

The Nasdaq Composite declined 1.2% to 19,286.9, while the S&P 500 fell 0.5% to 5,983.3. The Dow Jones Industrial Average edged 0.1% higher at 43,461.2. Technology led the decliners among sectors, while health care pace the gainers.

Trump said that the delayed tariffs on Canada and Mexico, due to take effect in March, were "on time," Bloomberg News reported.

"Tariffs are driving the economic conversation right now, as investors grapple with the evolving US policy framework," Morgan Stanley said in a note emailed Monday. "Though the focus may be on negotiations, we believe the out-turn of tariffs will be supply chain strain."

The Dallas Fed said Monday that Texas manufacturing activity fell more sharply than expected and into contraction territory this month as executives cited rising uncertainty around tariffs.

US Treasury yields fell, with the 10-year rate down 1.8 basis points to 4.402% and the two-year yield down 1.5 basis points to 4.177%.

Earnings from Nvidia , which fell 3.1%, and Salesforce are due midweek.

Palantir Technologies , which has been struck by fears of how reduced government spending could impact government contracts, tumbled nearly 11%.

Robinhood closed 3.2% lower. The company announced that the Securities and Exchange Commission dropped an investigation into its crypto business in the latest sign of potentially easing regulation for the digital currency industry.

Starbucks rose 1.3% following an announcement that it is cutting 1,100 jobs and eliminating hundreds of unfilled positions as part of its "Back to Starbucks" transformation plan.

Apollo Global Management agreed to acquire and take private real estate-focused investment firm Bridge Investment Group in a deal valued at $1.5 billion. Bridge Investment's shares soared 34%, while Apollo's fell 1.8%.

West Texas Intermediate crude oil futures rose 0.6% to $70.85 a barrel.

Gold futures rose 0.5% to $2,966.9 per troy ounce, while silver fell 0.9% to $33.03 per ounce.

US equity indexes were mixed intraday Monday after stocks sold off at the end of last week.

The S&P 500 rose 0.3% to 6,029.1, while the Dow Jones Industrial Average rose 0.6% at 43,671.3. The Nasdaq Composite dipped 0.1% to 19,497.7. Healthcare, financials, and real estate led the gainers among sectors, while utilities and technology were the only decliners.

A survey by the University of Michigan showed Friday that consumer sentiment tumbled in February, while year-ahead inflation expectations hit the highest levels since November 2023. The report indicated "fears that tariff-induced price increases are imminent," Surveys of Consumers Director Joanne Hsu said at the time.

The Dallas Fed said Monday that its monthly manufacturing index fell to minus 8.3 in February from 14.1 in January. The expectation was for a 6.4 level in a survey compiled by Bloomberg.

"A pullback was seen in Texas factory activity in February, with manufacturing executives noting mounting uncertainty, primarily regarding tariff policy," said Emily Kerr, senior business economist at the Dallas Fed.

In company news, Robinhood traded down more than 1% intraday. Robinhood announced that the Securities and Exchange Commission dropped an investigation into its crypto business in the latest sign of potentially easing regulation for the digital currency industry.

Starbucks rose 1.1% in afternoon trade following an announcement that it is cutting 1,100 jobs and eliminating hundreds of open and unfilled positions as part of its "Back to Starbucks" transformation plan.

Apollo Global Management (APO) agreed to acquire and take private real estate-focused investment firm Bridge Investment Group in a deal valued at $1.5 billion. Bridge Investment's shares soared 34%, while Apollo's fell 1%.

Nike led the S&P 500 gainers, up 5%, after Jefferies upgraded the sportswear brand's stock to buy from hold. Palantir Technologies , which has been struck by fears of how reduced government spending could impact government contracts, led the laggards with a 7.9% decline.

Domino's Pizza reported fourth-quarter earnings and revenue that missed analysts' expectations. Earnings from Public Storage and Zoom Communications , among others, are due after the bell. Earnings from Nvidia and Salesforce are due midweek.

US Treasury yields fell, with the 10-year rate down 2 basis points to 4.4% and the two-year yield down 1.9 basis points to 4.17%.

West Texas Intermediate crude oil futures rose 0.3% to $70.74 a barrel in afternoon trade.

Gold futures rose 0.3% to $2,962.7 per troy ounce, while silver fell 1% to $32.99 per ounce.