Uber Falls, IMAX, Lenovo Jump
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Uber (UBER) shares fall on news the rideshare company is exploring options for a full takeover of Delivery Hero according to people familiar with the matter. The move ould help it better compete with DoorDash outside the US.
- IMAX Corp. (IMAX) shares jumped after the Wall Street Journal reported the large-screen theater company is exploring a sale and has approached entertainment companies as potential buyers.
- Lenovo (LNVGY) ADRs soar on AI infrastructure expansion, according to Citi analysts, citing details from the company’s earnings call.
See omnystudio.com/listener for privacy information.
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