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In Other News · United States · Entertainment

Wall Street Skittish on Skydance as Stock Drops Further Post-Merger

Source: Variety
Summary
It’s day two of David Ellison’s Skydance Corp. merger gamble, and so far Wall Street isn’t eager to bet on it. Shares in the post-merger Skydance, trading on the New York Stock Exchange under the ticker symbol “SKYD,” were down nearly 8% as of 10:40 a.m. ET on Wednesday, hovering at around $8.82/share. That was […]
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