Skydance Shares Skid Down 22% After Company Issues 471 Million Stock Warrants to Paramount Investors
Shares of Skydance Corp., formed through the merger of Paramount and Warner Bros. Discovery, fell as much as 27% in trading on Oct. 14. The drop came as the Skydance, led by chairman and CEO David Ellison, distributed about 471 million warrants giving hol...
