WBD → $30.00 by Mar 22, 2026.

Source: [https://finance.yahoo.com/news/oracles-larry-ellison-agrees-to-backstop-404-billion-in-financing-for-paramount-acquisition-of-warner-bros-145133265.html](https://finance.yahoo.com/news/oracles-larry-ellison-agrees-to-backstop-404-billion-in-financing-for-paramount-acquisition-of-warner-bros-145133265.html) >Shares in Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) spiked Monday after Larry Ellison, the centibillionaire founder and executive chairman of Oracle (ORCL), agreed to personally backstop $40.4 billion in equity financing for Paramount's proposed acquisition of Warner Bros. >Paramount stock rose over 4%, while Warner Bros. shares rose by over 3.5%. >In a securities filing Monday morning, Paramount Skydance — led by Larry Ellison's son, David Ellison — said the elder Ellison had agreed to backstop …