Paramount Skydance Corporation is trading at $10.92 (+4.96%) after the U.S. Department of Justice greenlit its $111 billion acquisition of Warner Bros. Discovery.

  • The DOJ's approval removes the most significant federal obstacle to the merger, clearing a major regulatory path for the deal to proceed.
  • The price action is primarily company-specific, though positive sentiment in broader U.S. futures and strong risk appetite are providing additional support to the share price.