Warner Bros Discovery falls as Paramount Skydance files lawsuit

Shares of Warner Bros Discovery's WBD.O fall 1.2% to $28.54

Paramount Skydance PSKY.O files lawsuit seeking more information on rival $82.7 billion bid from Netflix NFLX.O for WBD

PSKY intends to nominate directors for election at WBD's annual shareholders meeting

PSKY down 0.4%; NFLX up ~1%

In 2025, WBD more than doubled, PSKY gained 28.1%, NFLX gained 5.2%