Closing Bell: Paramount Skydance Rises, Bullish Soars, Cisco's Lukewarm Outlook
On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Matt Miller, Carol Massar and Tim Stenovec. - Paramount Skydance (PSKY) shares climbed in trading today adding to Tuesday’s 8.4% advance and making it one of today's top performers in the S&P 500. Paramount Skydance is the resulting company formed by Paramount Global’s merger with Skydance Media, which was approved by the FCC on July 25; the combined company began trading on Aug. 8. On Aug. 11…
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