Paramount Skydance Jumps Premarket as Warner Bros. Weighs Revisiting Takeover Talks

On February 17, 2026, Paramount Skydance (PSKY) climbed 3.68% to $10.70 in premarket trading after a report that Warner Bros. Discovery is considering reopening acquisition talks. The move follows Paramount's amended bid, which includes covering a $2.8 billion breakup fee and up to $1.5 billion in debt refinancing costs, and comes as the stock continues to lag the broader market.