STOCKS | Comcast Rises on Split; Iridium Up on Rocket Lab Deal

Comcast (CMCSA) rose after it said it plans to separate into two independent publicly traded companies via a tax-free spinoff of NBCUniversal and Sky, according to Bloomberg. Comcast shareholders would own shares in both Comcast and NBCUniversal once the transaction is completed. Iridium (IRDM) moved higher after Rocket Lab said it will acquire the company in a deal aimed at vertically integrating space and satellite capabilities. SpaceX (SPCX) gained in premarket trading after Nasdaq said it will be added to the Nasdaq-100 Index before the market opens on July 7, 2026.