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Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities. - Spac…

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BloombergLean L·2h ago
Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers
On this episode of Stock Movers with Alexis Christoforous: - Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal. - Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities. - Spac…
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Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers

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