Strategy Drops, Cerebras Systems Jumps, Modine Manufacturing Surges on Samsung Talks

On this episode of Stock Movers:

-Strategy (MSTR) shares drop as MSCI Inc. is dropping the Bitcoin treasury firm from its global equity benchmarks effective Nov. 30.

-Cerebras Systems (CBRS) shares jumped by the most in five months after the company gave a sales forecast for the current quarter that exceeded analysts’ estimates, signaling that a push to challenge Nvidia Corp. in artificial intelligence chips is paying off. 

-Modine Manufacturing (MOD) shares surge. Samsung Electronics Co. is in talks to acquire Modine Manufacturing Co., a maker of cooling systems for data centers, according to people familiar with the matter.

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