Communications services companies fell, but not by as much as the broad market, amid deal activity.
Photographic archive Getty Images Holdings and digital rival Shutterstock have agreed to merge into one visual-content company with an enterprise value of about $3.7 billion.
Walt Disney shares rose after analysts at brokerage Redburn Atlantic boosted their price target on the entertainment conglomerate's shares, saying it was well positioned in the streaming wars following its agreement to buy FuboTV.
Ted Farnsworth pleaded guilty to defrauding investors, admitting to his role in MoviePass's ill-fated $9.95-a-month cinema subscription plan.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-07-25 1815ET