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.