Paramount Skydance rises after report it submitted higher bid for Warner Bros
ReutersFeb 23, 2026 10:09 PM
Paramount Skydance's PSKY.O shares rise 2.8% to $10.85 in extended trading
Co submits higher offer for Warner Bros Discovery WBD.O, according to a source familiar with the matter
PSKY has been attempting to derail Netflix's NFLX.O deal with WBD
WBD and NFLX up marginally in extended trading
WBD and NFLX did not immediately respond to requests for comment, PSKY declined to comment
In 2025, NFLX gained 5.2%, WBD more than doubled and PSKY gained 28.1%
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