Paramount soars 20% as Jim Cramer slams PSKY a ‘meme stock'

Paramount Skydance Corp (NASDAQ: PSKY) surged more than 20% on August 13 after CNBC's Jim Cramer unexpectedly labeled the newly merged media giant a "meme stock." "Paramount (PSKY) is a meme stock!!!!!!!!!!!!!! Small float… shocking," Cramer posted, with shares trading at $12.85 at the time of his comment. Paramount, (PSKY), is a meme stock!!!!!!!!!!!!!! Small float… shocking — Jim Cramer (@jimcramer) August 13, 2025 By the time of publication, Paramount Skydance was up 22.34% on the day, changing hands at ...