Skydance Shares Skid Down 25% After Company Issues 471 Million Stock Warrants to Paramount Investors

Shares of Skydance Corp., formed done the merger of Paramount and Warner Bros. Discovery, fell arsenic overmuch arsenic 25% successful trading Wednesday. The driblet came arsenic the Skydance, led by president and CEO David Ellison, distributed astir 471 cardinal warrants giving holders of Paramount Skydance’s PSKY Class B shares the enactment to acquisition banal successful […]