Check out the companies making headlines before the bell Skyworks Solutions — The maker of high-performance analog and mixed-signal semiconductors climbed 19% after an all stock-and-cash deal to buy its rival Qorvo , which surged 17%. The combined company will be valued at some $22 billion. Qorvo shareholders will receive $32.50 in cash and 0.960 of a Skyworks common share for each Qorvo share held, with Skyworks shareholders controlling about 63% of the new company and Qorvo holders the rest. PayPal Holdings — The payment provider surged 12% after third-quarter earnings per share of $1.34 topped the Wall Street consensus estimate of $1.20, based on a FactSet poll of analysts, and it initiated a quarterly dividend of 14 cents per share . Corning — The fiver optic cable maker dropped some 6
Stocks making big moves premarket: Skyworks, Qorvo, Wayfair, UPS and more
CNBC Stock Market7 hrs ago
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