Paramount Skydance Rises, AST SpaceMobile Soars, Opendoor Rallies
On this edition of Stock Movers:- Paramount Skydance Corp. (PSKY) shares are rising after the company is being started with a buy rating and $13 price target at Guggenheim, which sees strong prospects for the media company following the completion of the merger between Paramount Global and Skydance Media. The company is “investing in growth businesses (studios, streaming, sports),” scaling its direct-to-consumer streaming business, and “driving efficiency enterprise-wide with a focus on long-term free cash flow generation,” writes analyst Michael Morris. PSKY getting…
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