Skydance Media's stock closed its first trading day at $9.51 under the ticker SKYD, down 3% and 15% since the Paramount-Warner Bros. Discovery merger closed, as the newly formed Skydance Corp. faces investor scrutiny over its debt load and impending layoffs.
Skydance Shares Fall 3% in New York Stock Exchange Debut as Debt Debate Weighs on New Hollywood Giant
Skydance Media's stock closed its first trading day at $9.51 under the ticker SKYD, down 3% and 15% since the Paramount-Warner Bros. Discovery merger closed, as the newly formed Skydance Corp. faces investor scrutiny over its debt load and impending layoffs.
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