Shares of Skydance Corp. fell Wednesday after the newly formed media giant distributed nearly 471 million stock warrants to shareholders.Skydance shares fell as much as 26% in Wednesday trading, trading at $6.68 per share as of 11:35 a.m. ET. The stock later pared some of those losses, closing down 22.2% at $7.06 a share.The company distributed about 470.7 million warrants on Oct. 13 following its acquisition of Warner Bros. Discovery, according to a Securities and Exchange Commission (SEC) filing.Warrants give investors the right to buy shares at a set price before they expire.PARAMOUNT REACH...
Skydance shares plunge after company distributes nearly 471 million warrants
HALO Newsroom
Oct 14, 2026 • 1 hour ago
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