Paramount Skydance (PSKY) Nosedives 16.5% on Netflix-Warner Bros Merger

We recently published December Disappointments: 10 Big Names Troubled Early. Paramount Skydance Corp. (NASDAQ:PSKY) is one of the worst performers of last week. Paramount saw its share prices fall by 16.5 percent week-on-week as investors unloaded portfolios after losing to Netflix in a billion-dollar bidding war to acquire Warner Bros Discovery Inc. A report by The Post last week said that Paramount Skydance Corp.’s (NASDAQ:PSKY) chief, David Ellison, sat down with officials from the White House on Wednes ...