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Up 50% In The Last 12 Months, Where Is UBS Stock Headed?

UBS’ stock (NYSE: UBS) has gained 1% YTD, whereas S&P500 has increased 9% over the same period.

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Credit Suisse stock nosedives 65%, UBS falls nearly 16% as investors digest $3 25 billion merger deal

On Sunday, both UBS and Credit Suisse announced the takeover deal. UBS will be the surviving entity. The Zurich-headquartered bank will acquire Credit Suisse for CHF 3 billion (approximately $3.25 billion).

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