Skydance Stock Drops 2.7% on First Day of Trading After Paramount-WBD Merger Close
David Ellison said the vision behind Skydance Corp., formed Tuesday by the closing of the Paramount-Warner Bros. Discovery merger, was to “create a stronger competitor” and build a company that “empowers creatives, entertains audiences and rewards shareholders.” But on Day One of the new Skydance, investors seem skeptical of its prospects: Shares of the company, […]
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