- Shares of Iridium Communications Inc. (IRDM) soared 25.4% after Rocket Lab Corporation (RKLB) said that it would acquire the company and that the deal would bring together its launch services with Iridium’s satellite communications network.
- Charter Communications, Inc.’s (CHTR) shares surged 9.4% following a report that the company and SpaceX were in discussions about a consumer mobile phone product.
- Shares of Verizon Communications Inc. (VZ) declined 5.3% after the company projected second-quarter losses of between $700 million and $800 million, after classifying the net assets of its international wireline connectivity business as held for sale.
- Advanced Micro Devices, Inc.’s (AMD) shares gained 3.4% on the broader semiconductor rally.
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See Top Quantum Stocks Now >>Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report
Verizon Communications Inc. (VZ) : Free Stock Analysis Report
Charter Communications, Inc. (CHTR) : Free Stock Analysis Report
Iridium Communications Inc (IRDM) : Free Stock Analysis Report
Rocket Lab Corporation (RKLB) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
