Paramount Skydance emerged as a potential meme stock on Wednesday, with the shares soaring 60% during the session.

After shares of the new Paramount Skydance shot up double digits, Wall Street watchers compared it to a meme stock.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

Hours after Paramount and UFC announced a billion-dollar rights deal, Dana White said he had yet to hear from his friend, ...

"The addition of UFC's year-round must-watch events to our platforms is a major win," said Paramount CEO David Ellison, ...

Under the seven-year deal, UFC fights will be streamed on Paramount+ and select bouts will be simulcast on CBS.

Paramount Skydance said it will become the exclusive distributor of TKO Group's UFC events in a seven-year deal worth $7.7 ...

The meet and greet was at UFC 306 at the Sphere in Las Vegas nearly a year ago. In the luxury box of TKO Holdings, which owns ...

Days after completing its merger with Skydance, Paramount has acquired the U.S. rights to TKO Group’s UFC for seven years, ...

Paramount will become the new home to Ultimate Fighting Championship events across the U.S. next year, through a seven-year ...

The Paramount deal will eliminate the pay-per-view model used by ESPN in its current UFC deal, making all events available ...