Investing.com — US stock traded in a mixed fashion Monday, at the start of a holiday-shortened week.
Here are some of the biggest premarket US stock movers today:
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Xerox (NASDAQ:) stock rose 2.6% after the Wall Street Journal reported that the IT company is nearing a deal for Lexmark International that values the maker of printers and printing software at $1.5 billion, including debt.
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Apple (NASDAQ:) stock rose 0.4% after Wedbush analysts expect the iPhone maker to witness a strong holiday season, driven by solid demand for iPhone 16 upgrades.
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Rumble (NASDAQ:) stock soared 43% after the video-sharing platform said it has received a strategic investment of $775 million from cryptocurrency firm .
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Qualcomm (NASDAQ:) stock rose 2.8% after a jury found its central processors are properly licensed under an agreement with Arm Holdings (NASDAQ:), down 2.4%.
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News Corp (NASDAQ:) stock rose 3.3% after the entertainment giant agreed to sell its Australian cable TV and streaming company Foxtel to British sports platform DAZN, for A$3.4 billion ($2.1 billion), including debt.
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Eli Lilly (NYSE:) stock rose 1.5% after the US FDA approved the drugmaker’s obesity drug for adults with moderate to severe obstructive sleep apnea.
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Hyatt Hotels (NYSE:) stock rose 0.9% after the hotels group said it’s in exclusive talks to potentially acquire Playa Hotels & Resorts (NASDAQ:), up 10%, a move that would significantly expand its presence in the upscale all-inclusive resort market across the Caribbean and Mexico.
