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Comcast Rises on Split; Iridium Up on Rocket Lab Deal | Stock Movers
Posted
June 29, 2026
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836
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June 29, 2026
836
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3:47Now PlayingOn this episode of Stock Movers with Alexis Christoforous:
- Comcast (CMCSA) is rising after it announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. Upon completion of the transaction, Comcast shareholders will own shares in both Comcast and NBCUniversal.
- Iridium (IRDM) is moving on news Rocket Lab will acquire the company in a deal that focuses on vertically integrating space and satellite capabilities.
- SpaceX (SPCX) is up in the premarket as it will become a component of the Nasdaq-100 Index prior to market open on July 7, 2026, Nasdaq announces.
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