🟢 PSKY is trading 5.45% up today after raising its WBD acquisition bid and reporting strong streaming growth

PSKY is trading at $10.71 (+5.45%) as investors focus on a sweetened $31/share bid for Warner Bros. Discovery and robust Direct-to-Consumer (DTC) momentum, overshadowing a Q4 earnings miss.

• Paramount+ subscribers climbed 17% to 79 million, driving a 10% increase in DTC revenue and offsetting a 5% decline in the TV Media segment.
• The company reported an adjusted loss of $0.12 per share versus the $0.01 consensus, while management issued Q1 guidance that fell below analyst expectations.
• Management raised its WBD acquisition offer from $30 to $31 per share, positioning the potential merger as a strategic accelerant for long-term growth.