Paramount Skydance Shares End Roller-Coaster, Memestock-Fueled Week Up 30%, Boosting Market Cap by $2 Billion

Paramount Skydance, over its first full week on the stock market under new owners, saw its stock jump 30% — and boomed as much as 60% in intraday trading Wednesday. But what triggered the investor enthusiasm wasn’t totally clear. The spike in share price, which increased the company’s market capitalization by roughly $2 billion, did […]