All factors
🚧

Deal blocked or terminated

🀝 M&A
β—† Depends on context

A pending acquisition is blocked by regulators, voted down, or abandoned.

Typical size

Target -20-50%, acquirer +1-8%

Timeframe

Immediate

Evidence

1 logged event

Why it moves the price

The target loses its deal premium and returns to standalone fundamentals; the acquirer keeps its cash and avoids integration risk.

What separates a good call from a naive one

The two sides move in opposite directions, which is what makes this tradeable. Break fees soften the target's fall. Watch for a standalone plan announced the same day to steady the shares.

Measured impact

Not enough evidence yet

Every logged event is measured against real closing prices: the move from the close before the event, compared with the S&P 500 over the same window.

Next day

+4.91%

Median
+4.91%
Moved up
100% of 1
vs S&P 500
+5.28%

After 1 week

+2.25%

Median
+2.25%
Moved up
100% of 1
vs S&P 500
+0.83%

After 1 month

+50.92%

Median
+50.92%
Moved up
100% of 1
vs S&P 500
+47.27%
Textbook view:β—† Depends on contexttypically Target -20-50%, acquirer +1-8%

No measured verdict yet β€” 1 event logged. Three or more are needed before the data says anything useful.

The evidence (1)

Every row is a real event, measured against actual closing prices.

DateStockWhat happenedNext day1 week1 monthvs S&P
Jan 16, 2024JBLU

Judge blocked the Spirit Airlines merger on antitrust grounds

The acquirer's side of a blocked deal β€” freed from the purchase price and the integration risk.

+4.91%+2.25%+50.92%+5.28%

Measured from historical closing prices. Past reactions do not guarantee future ones. Not financial advice.