Why Globalstar Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Globalstar, Inc. (NASDAQ: GSAT) shares increased by 11.7% to $76.40 in pre-market trading following reports that Amazon.com Inc. (NASDAQ: AMZN) is in discussions to acquire the satellite communications company. The Financial Times noted that the two companies are still negotiating the complexities of the deal after lengthy talks.