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Premarket Movers Monday – AT&T, Discovery, Tesla, Netflix

Stock futures traded on Monday’s fall Wall Street has had a tough week driven by concerns about how rising inflation will affect the recovery of the United States.

The Dow Futures fell after last week’s Wild Ride. AT & T Media Deal In Focus

Below are some of the top movers in pre-market trading on Monday.

1. Discovery DISCA | 11% increase

Discovery share (((DISCA)- Get the report Soaring After announcing that companies behind channels such as TLC, HGTV and Animal Planet will acquire AT & T (((T)- Get the report WarnerMedia A trading unit worth $ 43 billion.

2. AT & T T | 2.7% increase

AT & T shares (((T)- Get the report Proceeded after the telecom major said That WarnerMedia unit was set up to merge with Discovery (((DISCA)- Get the report Create a $ 43 billion worth of media giant.

WarnerMedia owns cable channels such as HBO, CNN, TNT and TBS, as well as Warner Bros. TV and movie studios.

Discovery’s portfolio includes the networks of the same name, Animal Planet and HGTV.

3. Tesla TSLA | 2.1% down

Tesla shares (((TSLA)- Get the report Elon Musk, CEO, said he didn’t sell Bitcoin, and resigned after tweeting to “reveal speculation.”

4. ViacomCBS VIACA | 2.8% increase

Viacom CBS shares (((VIACA)- Get the report Later rose George Soros’ investment company said in a regulatory filing that it had scooped up shares in a media company Sold out during the collapse of Archegos.

5. Netflix NFLX | 1.7% down

Share content that jstreams major Netflix (((NFLX)- Get the report Drop after AT & T (((T)- Get the report WarnerMedia said it will merge with Discovery in a $ 43 billion worth of transactions.



Premarket Movers Monday – AT&T, Discovery, Tesla, Netflix Source link Premarket Movers Monday – AT&T, Discovery, Tesla, Netflix

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