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News  ›  Benzinga

Paramount Skydance Rallies On Hostile Bid, Netflix Tumbles: What's Moving Markets Monday?

Benzinga Logo Benzinga By Piero Cingari
Paramount Skydance Rallies On Hostile Bid, Netflix Tumbles: What's Moving Markets Monday?

U.S. stocks started the week mixed, with small caps leading gains. Paramount Skydance made a $30-per-share cash offer for Warner Bros. Discovery, challenging Netflix's previous bid and causing market volatility in media stocks.

Insights
GOOGL   neutral

Mentioned as a competitive force in cloud services without specific performance details


PSKY   positive

Stock gained 9.13% after unveiling a $30-per-share cash offer for Warner Bros. Discovery