DigitalBridge Rallies on SoftBank Talks; Lululemon Edges Higher; Airbus Ramps Up Deliveries
On this episode of Stock Movers:- Shares of private equity firm DigitalBridge Group (DBRG) soared in premarket trading as Japan's SoftBank Group is said to near a deal to acquire DigitalBridge. The Japanese conglomerate could announce an agreement as soon as Monday for New York-listed DigitalBridge, according to sources who asked not to be identified because the information is private. Terms of the transaction, part of SoftBank’s campaign to take advantage of an AI-driven boom in digital infrastructure, couldn’t be learned. Representatives for SoftBank and DigitalBridge declined…
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