Paramount Skydance (PSKY) Climbs 20.8% as Netflix Backs Out of Warner Bros Bid

We recently published 10 Stocks Ending February With a Bang. Paramount Skydance Corp. (NASDAQ:PSKY) was one of the best performers on Friday. Paramount Skydance soared by 20.84 percent on Friday to finish at $13.51 apiece, after its rival firm, Netflix, surrendered from their billion-dollar bidding war for the acquisition of Warner Bros Discovery. In a statement, Paramount Skydance Corp. (NASDAQ:PSKY) said that it officially inked a definitive agreement with Warner Bros for the acquisition of the latter ...