U.S. stock market anomaly | Warner Bros. Discovery company (WBD.US) continues to rise nearly 10% surging 40% over 2 trading days.

According to the Wise Finance APP, on Friday, Warner Bros. Discovery Company (WBD.US) continued to rise nearly 10%, soaring 40% in two trading days to $17.68. On the news front, according to insiders, Paramount Skydance (PSKY.US), which was newly merged in August, is preparing to bid for competitor Warner Bros. Discovery Company. Insiders say Paramount Skydance is in talks with an investment bank about a takeover offer, but has not yet entered into any negotiations with Warner Bros. Discovery Company.