Paramount Skydance Stock Jumps After Wall Street’s ‘Riskiest’ Upgrade as Warner Bros Deal Hits New Fight
Shares of Paramount Skydance Corp. surged 8.3% to $11.09 on Friday, ending a six-day losing streak, after Morgan Stanley delivered a rare double upgrade—raising its rating from Underweight to Overweight. The move put renewed attention on Paramount’s pending deal for Warner Bros. Discovery, market data and Barron’s show.
