Warner Brothers Discovery Rises, Qualcomm Gains, Starbucks Up After China Price Cuts
On this episode of Stock Movers:- Warner Brothers Discovery (WBD) shares rise after the company said it will split its streaming and studios business and its TV networks operations by the middle of next year. The streaming and studios company will include Warner Brothers Television, the Motion Picture Group, DC Studios, HBO, and HBO Max. - Qualcomm (QCOM) shares rise after the company reached an agreement to buy Alphawave for $2.4 billion. The offer equates to about 183 pence per share for Alphawave -- a 96% premium to the company’s share price on March 31, the last trading day before…
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