US PRE-MARKET MOVERS: MRVL, NXST, ASTS, QXO/BLD, LLY, ULTA, NXPI
SourceNewsquawk
SectionUS Equities
ES -0.5% NQ -0.4% RTY -0.9%
- MRVL +6%: Google in talks w/ Marvell to develop two new AI chips
- NXST -4.5%: California federal judge ordered Co. to keep Tegna operating separately until a final ruling on the proposed merger
- ASTS -14.5%: New Glenn Rocket, launched by Blue Origin on Sun., failed to deploy ASTS Satellite into correct orbit
- QXO -4% agreed to acquire BLD +18.5% in a cash-and-stock deal valued at c. $17bln w/ each BLD share valued at $505 (vs. Fri close of $410.31)
- LLY -0.2%: In advanced talks to acquire Kelonia Therapeutics for more than $2bln
- ULTA +1.3%: Upgraded at Jefferies
- NXPI -0.7%: Downgraded at Wells Fargo