Skydance Media and Paramount (PARAA) (PARA) Global (PARA, PARAA) announced the completion of their merger, creating a premier standalone global media and entertainment company, Paramount, a Skydance Corporation. Paramount Class B shares will begin trading August 7 on the Nasdaq Stock Market under the new ticker symbol “PSKY.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PARA:
- Paramount co-CEO Robbins to exit company after merger, Reuters says
- ‘Move to the Sidelines’ on Paramount Global Until Further Clarity, Says Needham
- Hold Rating on Paramount Global Amid Mixed Financials and Strategic Uncertainty
- Skydance Media announces slate of board designees for Paramount
- PARA Stock Alert! Analysts Praise Paramount’s Strong Q2 DTC Growth