Warner Bros. Discovery Jumps 7%, Paramount Skydance Climbs 5% as Antitrust Settlement Talks Advance; Netflix Sits Out the Rally

Shares of Warner Bros. Discovery (NASDAQ:WBD) are jumping in early Monday trading on fresh reports that antitrust settlement talks tied to its pending sale are advancing. Its counterparty Paramount Skydance Corporation (NASDAQ:PSKY) is climbing alongside it on the same headline. The move is a merger-arbitrage repricing rather than a sector event, and the two stocks […]