Chip Stocks Edge Lower, Take-Two Rises, On Holding Falls
Show notes
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Shares of chipmakers moved lower ahead of the Tuesday's market open on news Anthropic PBC and some of its shareholders are seeking to raise as much as $90.4 billion in an IPO and private placement, in a bid to make history as the first frontier artificial intelligence lab to go public and exceed the size of SpaceX’s record-setting first-time share sale.
- Shares of Take-Two Interactive (TTWO) moved higher in premarket trading as the video-game company gave an outlook that is seen as conservative ahead of the release of its highly anticipated Grand Theft Auto VI.
- Shares of On Holding (ONON) fell after the company reported third-quarter earnings and gave an updated full-year forecast.
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