Stock Market Today: Warner Bros Discovery Soars on Paramount Skydance Bid Reports

Warner Bros Discovery Inc (NASDAQ: WBD) soared 28.95% Tuesday to close at $16.15, marking one of its strongest single-day performances in recent years.Trading volume surged to nearly 296 million shares, about 4.8 times the 3-month average of 61.2 million.The broader market also advanced. The S&P 500 (SNPINDEX: ^GSPC) added 0.85% to 6,587.47, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) climbed 0.72% to 22,043.07.Peers joined the rally. Paramount Skydance (NASDAQ: PSKY) rose 15.6% to $17.46 after being named as part of the potential deal, while Walt Disney Co (NYSE: DIS) gained 1.1% to $117.08.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool