Business

Stock Market Reacts to Skydance Merger

Updated 2026-10-07 14:55 UTC 1 source Negative

Following the merger of Skydance Corp., its stock price has dropped nearly 8% on the New York Stock Exchange. The market reaction reflects investor skepticism about the deal’s success.

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Variety
It’s day two of David Ellison’s Skydance Corp. merger gamble, and so far Wall Street isn’t eager to bet on it. Shares in the post-merger Skydance, trading on the New York Stock Exchange under the ticker symbol “SKYD,” were down nearly 8% as of 10:40 a.m. ET on Wednesday, hovering a
2026-10-07 14:46 UTC
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