As New Paramount Brass Gets Set To Meet Media In L.A., The Company’s Stock Is Exploding
Paramount’s stock rose over 30% after completing the Skydance merger and securing UFC rights in a $7.7 billion, 7-year deal, driven by investor optimism and heavy trading volume.
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Paramount Skydance is being called a meme stock after a 60% surge
The FCC agreed to Skydance's acquisition of Paramount Global.PATRICK T. FALLON/AFP via Getty ImagesParamount-Skydance shares popped as much as 60% on Wednesday. The huge rally had some calling it a meme stock during the session. Shares of the media company have popped since its recent merger and news of a UFC deal. There might be a new addition to the meme stock rally ripping through the stock market this summer. Paramount-Skydance was being cal…
Paramount Skydance shares jumped 36.7% on Wednesday, and trading volume exploded; CNBC's Jim Cramer called the stock a meme stock early in the day
James Rogers / MarketWatch: Paramount Skydance shares jumped 36.7% on Wednesday, and trading volume exploded; CNBC's Jim Cramer called the stock a meme stock early in the day — Shares of newly merged — and highly shorted — media company Paramount Skydance soared Wednesday, fueling a ‘meme-on-steroids feel’ — Referenced Symbols
Paramount Stock Rockets Nearly 40% in Heavy Post-UFC Deal Trading
Shares of Paramount Skydance closed up 36.74% on Wednesday, as the company’s Class B stock finished the day at $15.00. PSKY shares exploded like a meme-stock two days after the newly merged media company announced a $7.7 billion deal that will give CBS and Paramount+ the exclusive U.S. rights to all UFC events beginning in […]
The Paramount Skydance Corporation's quote is skyrocketing more than 31% this Wednesday after an agreement was reached with TKO to issue in exclusivity during the next seven years and for 7,700 million dollars (6,578 million euros) the fights of the Ultimate Fighting Championsip (UFC), specialized in mixed martial arts.
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