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Tim Fries

PSKY Jumps in Premarket on January 9, 2026 After Paramount Reaffirms $30 Cash Bid for WBD

Paramount Skydance Corporation's PSKY shares climbed 2.69% in premarket trading on January 9, 2026, after the company restated its $30 per share all-cash proposal for Warner Bros. Discovery. The move intensified the bidding contest with Netflix, as Paramount argued its offer delivers higher value and greater certainty, while WBD's board has so far rejected the approach.