When the News Is No Surprise, but the Market's Response to It Is

On this Market Foolery podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser, and Stock Advisor Canada's Taylor Muckerman try to parse who is getting the better end of the deal in Discovery Communications' (NASDAQ: DISCA) buyout of fellow niche cable channel player Scripps Interactive (NASDAQ: SNI). They also ponder the future of Snap Inc. (NYSE: SNAP) on the day its post-IPO lockup period ends, allowing insiders to sell -- and it looks as if some did -- and they answer a listener's question about the meaning behind an unusual Costco (NASDAQ: COST) marketing promotion.

A full transcript follows the video.

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Source: Fool.com