Breaking Stock Market News: Key Ticker Movements on January 8, 2025

📈 eBay (NASDAQ: EBAY): +10.82%

Reason: eBay shares surged following Meta's announcement of a pilot program integrating eBay listings on Facebook Marketplace in Germany, France, and the U.S. This initiative, aimed at complying with European antitrust rulings, is expected to significantly boost eBay's visibility and sales by leveraging Facebook's vast audience. Closing Price: $69.40 (+$6.20) Intraday High/Low: $71.50/$63.20

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📈 Boston Scientific (NYSE: BSX): +4.78%

Reason: Boston Scientific announced the acquisition of Bolt Medical, Inc. for over $440 million. This strategic move expands its cardiovascular portfolio by adding an advanced intravascular lithotripsy (IVL) platform, aligning with the company's goal of addressing coronary and peripheral artery disease. Closing Price: $95.95 (+$3.95) Intraday High/Low: $97.68/$92.23

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📉 Edison International (NYSE: EIX): -8.34%

Reason: Edison International shares dropped sharply due to power shutoffs implemented in response to wildfires in Southern California. This marks the largest daily percentage decrease for the company since March 2020, reflecting operational disruptions and investor concerns about financial stability. Closing Price: $69.50 (-$7.88) Intraday High/Low: $77.20/$66.71

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📉 Johnson & Johnson (NYSE: JNJ): -2.81%

Reason: Johnson & Johnson experienced a decline after temporarily pausing the rollout of its Varipulse heart device in the U.S. due to reports of four stroke incidents. The investigation into these events has raised concerns about the impact on its medical device segment. Closing Price: $142.27 (-$3.98) Intraday High/Low: $146.85/$141.45

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Summary Today's market movements were driven by strategic acquisitions, regulatory compliance initiatives, and operational challenges due to external events like wildfires. Investors are closely monitoring these developments for long-term impacts. Disclaimer: This article is for informational purposes only. Investors should perform their own research or consult with a financial advisor before making investment decisions.