Paramount Skydance is trading 4.54% up at $10.36 after settling antitrust lawsuits with California and 11 other states, removing a major obstacle to its proposed $110 billion Warner Bros. Discovery acquisition.

  • The settlement includes commitments on domestic production and film releases; final court approval remains necessary.
  • Multiple reports identified the agreement as the catalyst, while broader markets are mixed.
  • The gain follows a 2.94% decline on September 21, making the pre-market rebound notable.