The Hot Stock: Noble Energy Jump 7.1%
January 17, 2017 at 17:14 PM EST
Noble Energy ( NBL ) soared to the top of the S&P 500 today after purchasing Clayton Williams Energy ( CWEI ) for $2.7 billion. Noble Energy gained 7.1% to $40.05, while the S&P 500 fell 0.3% to 2,267.89. Wunderlich's Irene Haas explains why she's a fan of the deal: