Paramount Gains, Norwegian Cruise Shares Rise, ZIM Integrated Shipping Shares Rise

On this episode of Stock Movers:- Paramount Skydance (PSKY) shares are up after Bloomberg News reported that Warner Bros Discovery is considering reopening sale talks following an amended offer by the CBS parent.- Norwegian Cruise (NCLH) shares rise 6.1% in premarket trading after the Wall Street Journal reported that activist investor Elliott Investment Management has built a more than 10% stake in the cruise-ship company.- Hapag-Lloyd AG is buying Israel’s Zim Integrated Shipping Services (ZIM) the German shipping company aims to grow in size and bolster its presence in Asia. The agreement for a cash deal at $35 a share, which is subject to regulatory approvals in Israel, values Zim at around $4.2 billion, Hapag-Lloyd said Monday. The purchase price represents a 58% premium over Zim’s stock at Friday’s close, the target said in a statement. As part of the deal, Hapag-Lloyd has a separate pact with Israeli financial investor FIMI Opportunity Funds, which will see the creation of an entity owning 16 of Zim’s ships, serving key trading routes into Israel.See omnystudio.com/listener for privacy information.