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