Paramount Stock Jumps 11% After Middle East Funds’ $24B Investment In WBD Takeover Is Confirmed

Paramount’s beleaguered stock jumped nearly 11% Tuesday after news of deep-pocketed Middle East backers joining its Warner Bros. Discovery takeover. The shares, which had fallen 20% in 2026 heading into Tuesday’s trading, finished at $10.90 on more than three times their normal trading volume. Several regulatory agencies have approved Paramount’s pending $110 billion deal for […]

By Dade Hayes