Communications services companies rose, but not by as much as the broad market, as investors looked askance on merger intrigue.
Shares of Paramount Global and Warner Bros Discovery fell despite reports that Warner Bros Chief Executive David Zaslav had met with Paramount Chief Executive Bob Bakish this week and discussed a possible merger between the media giants.
Shares of security software concern BlackBerry plunged after it logged a fiscal third quarter loss despite revenue beating expectations.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
12-21-23 1704ET
