Wall Street Skittish on Skydance as Stock Drops Further Post-Merger
What happened
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 […]
Summary assembled by rule from the sources below