M&A Chatter Lifts These 3 Stocks In Early Trade. Skydance And Paramount Deal In Focus.
Merger and acquisition news sent several stocks, including media company Paramount Global, higher early Monday. Meanwhile, a medical-waste-disposal company was positioned for a possible breakout on acquisition reports. Paramount stock bolted more than 6% higher during premarket action on Monday following reports Hollywood studio Skydance is looking to buy a number of nonvoting Paramount shares at around $15 per share.