Why REV Group (REVG) Stock Is Nosediving

REV Group's merger with Terex Corporation, announced on October 30th, saw shares drop nearly seven percent despite a mix of stock and cash deal. The new entity will be majority-owned by Terex shareholders, but investors question the deal's value for REV Group. Despite recent fluctuations, REV Group's shares have surged over seventy percent this year, and the recent dip may present a buying opportunity for optimistic investors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.