Shares of Brighthouse Financial (NASDAQ:BHF) surged 30% as reports surfaced of advanced talks for a potential acquisition by a consortium led by Aquarian Holdings at a premium price of $65 to $70 per share. The deal, backed by major investors like RedBird Capital Partners and Mubadala, saw the stock close at $57.55, up 27.2%. The market reacted optimistically, anticipating a buyout. Brighthouse Financial has had 18 significant moves in the past year, with the latest being a 10.1% gain following news of the acquisition talks. Investors are closely watching the potential deal and its impact on the stock price.

Read more at Stock Story: Brighthouse Financial (BHF) Stock Trades Up, Here Is Why