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Warner Bros. Discovery Stock Soars 26% As Ellison-Led Paramount Skydance Reportedly Plans Bid

1. Paramount Skydance plans to acquire Warner Bros. Discovery, backed by Ellison family. 2. WBD shares surged over 26% following the acquisition proposal news. 3. Skydance's recent merger with Paramount influenced this new bid for WBD. 4. Past deals show significant stock movements associated with acquisition rumors. 5. Market reactions indicate strong investor confidence in WBD’s value post-bid.

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$15.9909/11 03:06 PM EDTEvent Start

$16.1709/11 07:12 PM EDTLatest Updated
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FAQ

Why Very Bullish?

The 26% surge reflects strong investor optimism. Historical mergers often lead to similar price spikes.

How important is it?

The bid reflects a significant strategic interest, likely impacting stock volatility.

Why Short Term?

Immediate market reactions can drive short-term price movements, as seen in past acquisitions.

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