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Daily stock rockets & losers; Pendal Group soars 21.5% on a $2.4bn takeover bid from Perpetual

Looking at the movers and shakers on the ASX200 today.

Pendal Group is leading the stock rockets today, rocketing 21.5% after the global investment management business received a $2.4bn takeover bid from Perpetual.

Liontown Resources is up 11% today so far.

And Magellan Financial Group rounds out the top three stock rockets today, up almost 9% after lunchtime despite no price sensitive news released by the investment manager.

On the losing front, Fletcher Building leads the losers today, down 2.74% after lunchtime.

Bank of Queensland is also trading down 2.71% today.

And Aristocrat Leisure is trading just 2.5% lower today.

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