UPDATED with closing stock price: Shares of Paramount Global surrendered early gains Friday, closing down 1.6% at $13.05. They initially got a bit of a pop from the FCC’s long awaited approval of the merger wtih Skydance Media. But investors remain cautious as the combined entity’s basic strategy on key fronts from cable to streaming […]
Paramount Shares Reverse Gains After Skydance Merger Greenlight, Investors Cautious – Update
