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Company News for Oct 12, 2020

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  • DraftKings Inc.'s (DKNG - Free Report) shares tumbled 4.5% following  reports of new coronavirus infections in the NFL and concerns about the continuation of the tournament full season.
  • Shares of Xilinx Inc. soared 14.1% following the news that rival chip maker Advanced Micro Devices Inc. (AMD - Free Report) is considering acquiring it.
  • Shares of NXP Semiconductors N.V. (NXPI - Free Report) climbed 5% after the company raised its guidance of revenues and operating income for the third quarter of 2020.
  • AT&T Inc.'s (T - Free Report) shares fell 1% after the company decided to retrench thousands of jobs in its WarnerMedia division as part of its plan to reduce cost up to 20%. 

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