Evan Spiegel, co-founder and chief executive officer of Snap Inc., speaks during the New Work Summit in Half Moon Bay, California, U.S., on Monday, Feb. 25, 2019.
David Paul Morris | Bloomberg | Getty Images
Check out the companies making headlines midday Monday:
Devon Energy, WPX Energy — Shares of Devon jumped 9% while WPX gained 13% after the two companies announced their intention to merge. The all-stock transaction gives the combined company, which will retain Devon’s name, an enterprise value of roughly $12 billion.