Do the stocks of acquiring companies tend to show strong upward market movement as a result of

Question:

Do the of acquiring companies tend to show strong upward market movement as a result of the merger process? Comment on the reasoning behind your answer.
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...