Skydance (SKYD) Closes Its Merger, Is The Discount A Warning Sign?

Skydance (SKYD) has just completed a transformative step. The company closed its merger with Warner Bros. Discovery, supported it with large new debt financings, and is reshaping leadership around television and streaming operations. Recent trading has been rough for Skydance, with the share price down 24.6% over the past week and 32.3% over the last month. The 1 year total shareholder return has declined 58.0%, signaling fading momentum as investors digest heavy new debt, index removals and...