On this episode of Stock Movers:
- Verizon (VZ) shares jump after news the company is engaged in talks to sell some of its wireless spectrum to Verizon Communications Inc.
- Spotify (SPOT) shares drop after news that Chief Executive Officer Daniel Ek is stepping aside, leaving the leadership in the hands of Gustav Söderström and Alex Norström.
- Pfizer (PFE) shares rise after the Washington Post reported that President Donald Trump will announce an agreement with the drugmaker to voluntarily sell its medications through Medicaid at lower prices.

AOL Owner Bending Spoons Jumps After IPO, Nike Rises, Meta Plans New Cloud Business
04:00

Klarna Rises; Meta Soars on Cloud Report; Alcoa Falls on South32 Acquistion
03:31

Salesforce Gains on Upgrade; General Mills Beats; Nike Falls on Outlook
03:59