Why These 5 Stocks Are Trending on Friday

Page 5 of 5

1. Zendesk, Inc. (NYSE:ZEN) fell 14.4% after the company agreed to acquire Momentive Global, which is the parent of SurveyMonkey. Although the merger could generate substantial value if it succeeds, it could also end up slowing growth if it fails. At Q2’s end, a total of 52 of the hedge funds tracked by Insider Monkey were long Zendesk, Inc. (NYSE:ZEN).

Disclosure: None.

Page 5 of 5