S&P 500 Gains & Losses Today: Warner Bros. Discovery Stock Soars; Oracle, Netflix Slip
1. WBD shares surged 29% due to takeover speculation by Paramount Skydance. 2. Investor optimism in media sector contributed to WBD's sharp stock rise. 3. Paramount Skydance's potential bid is supported by its CEO's family. 4. Broad market gains also boosted sentiment, including S&P 500 record closing. 5. WBD outperformed all S&P 500 constituents amidst positive media news.