October 14, 2026
To casual observers, Skydance Corp.’s 27% stock price drop in midday trading on Oct. 14 should send alarms bells ringing.
But, according to market analysts, the price drop is due to Skydance on Oct. 13 issuing 471 million warrants to shareholders for each Class B common stock they held as of the Oct. 5. This investor group does not include controlling shareholders such as the Ellison family and RedBird Capital, among others.
The warrants give shareholders the option to buy a common stock share of Skydance priced at $12 per share for 10 years. While the warrants reportedly operate separately of common stock (until exercised), they carry a trading value around…
