Skydance and Paramount (PARA) reportedly agree to a merger. The Skydance sale will keep Paramount intact, which many in Hollywood support, notes Seth Schachner. He and Kenneth Leon discuss this merger. CFRA has a buy rating and $16 price target on Paramount. They also talk about how a new streaming bundle was announced last month with Disney+, Hulu, and Max. Tune in to find out more about the stock market today.
Trading 360
03 Jun 2024
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