Warner Bros. Discovery, Inc. (NASDAQ:WBD) saw a 10.97% jump on Tuesday, hitting an all-time high of $20.33 per share. The surge followed news of a rejected $60 billion offer from Paramount Skydance. WBD plans to split into studio-centric and cable-focused units by 2026, exploring various restructuring options.

Read more at Yahoo Finance: Warner Bros (WBD) Climbs to Fresh High on Sale Plan