Intel-SK Hynix Potential Tie Up; JB Hunt Lower on Costs | Stock Movers

On this episode of Stock Movers: - Intel (INTC) is the most actively traded stock in the premarket after Reuters reported that SK Hynix is in talks with the chipmaker about a deal that ​would see it manufacture memory chips in the US for the first time. SK Hynix says it’s made no decisions in response to a Reuters report that it’s in talks with Intel about a deal to make semiconductors in the US. - JB Hunt (JBHT) shares are lower this morning after the trucking company flagged rising costs and issued a rare earnings warning at a Morgan Stanley conference. - Reliance Worldwide (RWC) shares are moving on news Brookfield agreed to pay $3.38 a share to buy Reliance World. (Source: Bloomberg)

Read it at Bloomberg Markets ↗

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