Why Scripps Networks Interactive, Inc. Stock Popped Today
Shares of Scripps Networks Interactive, Inc. (NASDAQ: SNI) were surging today on news that the media company was seeking to merge with Discovery Communications Inc. (NASDAQ: DISCA).
As of 11:46 a.m. EDT, Scripps shares were up 13.8% while Discovery had gained 4.4%.
Source: Fool.com