Warner Bros. rejects Paramount bid
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Is Paramount Skydance Stock Underperforming the Nasdaq?
As Paramount Skydance has considerably underperformed the Nasdaq recently, analysts remain moderately bearish about the stock’s prospects.
Tesla drops after setting a record closing high, while Lennar tumbles following weak earnings for the home builder.
Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests
President Donald Trump expressed unhappiness with the owners of Paramount Skydance Corp. over CBS News coverage of his presidency, in the latest signal of how he may be leaning in the battle to purchase Warner Bros.