Rocket Lab Jumps, Comcast Soars on Split, Concentrix Sinks
Failed to add items
Add to basket failed.
Add to wishlist failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Rocket Lab Jumps, Comcast Soars on Split, Concentrix Sinks
-
Narrated by:
-
By:
Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Rocket Lab (RKLB) shares are up 16% after the space company announced a definitive agreement to acquire Iridium for $54 per share in cash and stock. The transaction combines Rocket Lab’s launch capabilities and satellite manufacturing with Iridium’s global satellite communications network.
-Comcast (CMCSA) shares rise 25% in premarket trading after the company announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky.
- Concentrix (CNVC) shares tumble 25% postmarket after the software company slashed its full-year outlook. The firm also forecast reported revenue and adjusted earnings per share for the third quarter that fell short of Wall Street’s expectations.
See omnystudio.com/listener for privacy information.