Rocket Lab Rises on NASA Selection; Microsoft Down on Tech Selloff | Stock Movers

Onsemi agreed to acquire Synaptics in an all-stock transaction valued at approximately $6.2 billion, a deal expected to close in the first half of 2025. This acquisition will integrate Synaptics' semiconductor technology for smart devices into Onsemi's portfolio. Rocket Lab experienced a stock increase after NASA selected the company to conduct three Electron launches for two distinct missions, PolSIR and TSIS-2, scheduled to commence in early 2027. Meanwhile, Microsoft's stock continued its decline, extending a recent selloff. The software giant's shares have fallen by more than 20% in the current month, marking its most significant one-month percentage decrease since December 2000, as reported by Bloomberg.