🔴 PSKY is trading 5% down today following WBD shareholder approval of $110B merger

PSKY is trading at $11.21 (-5.04%) following Warner Bros. Discovery (WBD) shareholder approval of a $110 billion merger.

• The stock is sliding alongside the NASDAQ Composite and Dow, which are facing pressure from geopolitical tensions in the Strait of Hormuz.
• Broader market sentiment is further dampened by mixed quarterly earnings results from technology leaders ServiceNow and IBM.