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News 2026-09-29 19:57 UTC

Why Piper Sandler (PIPR) Stock Is Down Today

What Happened? Shares of investment banking firm Piper Sandler NYSE:PIPR fell 8.6% in the afternoon session after Morningstar reported that the company is in talks to acquire Perella Weinberg. According to Morningstar, citing Dow Jones, Piper Sandler is holding discussions to buy Perella Weinberg i…