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People Gains as MGM Mulls Making a Bid; Twilio Shares Up; Comcast Cut to Underweight
Published 1 week, 3 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- People (PPLI) shares jump on a report that MGM Resorts is discussing making a bid to purchase the Barry Diller-owned media giant.
- Twilio (TWLO) shares are down as HSBC downgrades the communications software company to reduce from hold, seeing “limited evidence that Twilio will capture higher-margin AI software” revenue.
- Comcast (CMCSA) shares fall after KeyBanc Capital Markets cut its recommendation to underweight from sector weight on weakness in broadband.
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