Workflow
Warner Bros Discovery Soars 9% After Hours: Here Is Why The Stock Is Trending - Bank of America (NYSE:BAC), Paramount Skydance (NASDAQ:PSKY)

Core Viewpoint - Warner Bros. Discovery Inc. (WBD) stock experienced a significant surge following news of a potential acquisition by Paramount Skydance Corp., marking its largest one-day increase ever [2][3]. Group 1: Stock Performance - WBD stock jumped 28.95% on Thursday and continued to rise by 9.77% after market close, reaching $17.75 [2]. - The market capitalization of WBD increased to $40.03 billion, with a price-to-earnings ratio of 53.63 [5]. - WBD shares have gained 52.98% in 2025 and 133% over the past year, with a trading volume of 296 million shares, significantly above the average of 50.91 million [5]. Group 2: Acquisition Details - Paramount Skydance is preparing an all-cash offer to acquire WBD entirely before its planned business split in April 2026 [3]. - The merger would create a significant player in the entertainment industry, combining assets from both companies, including major broadcasting rights [3]. Group 3: Market Metrics and Analyst Opinions - Paramount Skydance recently completed an $8 billion merger and is working with investment banks on the acquisition offer [4]. - Bank of America analyst Jessica Reif Ehrlich rates Paramount Skydance as "Underperform," citing execution risks [4]. - WBD is currently ranked in the 87th percentile for stock momentum, indicating strong upward trends across all time periods [6].