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AbbVie, Reddit, Allegro MicroSystems: Market Minute

Yahoo Finance host Josh Lipton tracks the day's biggest stocks in this Market Minute. AbbVie (ABBV) announced a licensing agreement with Gubra for a new obesity treatment drug. According to the latest reports from Reuter, Reddit (RDDT) co-founder Alexis Ohanian has joined in on Project Liberty's bid to acquire TikTok. Allegro MicroSystems (ALGM) stock surges after Bloomberg reported on ON Semiconductor's (ON) supposed interest in the company. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. This post was written by Luke Carberry Mogan.