Paramount Skydance stock gains 2.13 percent ahead of NYSE move

Published on 10/05/2026 at 19:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Paramount Skydance stock traded at USD 9.70 on October 5, 2026, as the company prepared its move to the NYSE. Second-quarter revenue reached USD 6.91 billion.

Paramount Skydance, US69932A2042, Illustration mit AI erstellt.

Paramount Skydance stock (ISIN US69932A2042) was trading at USD 9.70 on Nasdaq on October 5, 2026, up 2.13 percent from the previous close. The immediate corporate catalyst is a planned exchange and identity change: the SEC filing says the Class B stock is intended to move to the NYSE and change its ticker from PSKY to SKYD on October 6, 2026.

NYSE move changes the ticker

The planned transfer gives Paramount Skydance a new trading setup just as its Warner Bros. Discovery transaction approaches its anticipated closing date. The filing also says the company intends to change its corporate name to Skydance Corporation on October 6, 2026.

October 5, 2026 is the record date for the planned warrant distribution. Eligible Class B holders must retain their shares through the warrant issuance date to receive the warrants, while the company intends to list the warrants separately on the NYSE, subject to approval, according to the SEC filing.

Revenue grew while EPS fell

The operating picture is more mixed. In the second quarter of 2026, Paramount Skydance generated USD 6.91 billion in revenue, a 0.9 percent increase from the year-earlier quarter, while diluted EPS fell 50.0 percent to USD 0.04, according to Financial Report Insights.

That contrast matters because the stock is being repriced around a much larger combined company. Paramount Skydance has to execute the planned Warner Bros. Discovery combination while also managing the financing burden disclosed in recent transaction announcements.

Stock trades above its yearly low

At USD 9.70 on Nasdaq at 12:59 p.m. ET on October 5, 2026, the stock stood USD 2.08 above its 52-week low of USD 7.62 and USD 9.52 below its 52-week high of USD 19.22. Trading volume had reached 12,521,942 shares, while market capitalization stood at USD 10.6 billion.