Paramount Skydance shares up after DOJ OK on Warner Bros. merger, PSKY hurdles ahead
Paramount Skydance surged 2.77% after hours as the DOJ cleared its $81 billion Warner Bros. Discovery takeover, removing a key U.S. antitrust hurdle; investors now await the European Commission’s July 7 decision, with the stock seen as a high-risk, event-driven merger play amid ongoing regulatory and litigation risks.