Taylor Morrison Soars on Berkshire Deal; IBM Jumps on Trump Mention | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Shares of Taylor Morrison Home Corp. (TMHC) soared in premarket trading after Berkshire Hathaway said it will acquire the homebuilder in an all-cash deal worth about $6.8 billion. It marks the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. - Shares of MGM Resorts International (MGM) rallied ahead of the US market open after the New York Times’ DealBook reported that Barry Dille...