Skydance Falls 5.3%, on Track for 25% Weekly Loss
Skydance shares fell about 5.3% on Friday and were on track to lose 25% for the week. Bernstein SocGen Group lowered its price target, citing cash-flow and balance-sheet uncertainty.
Skydance (SKYD) share price fell about 5.3% on Friday and was on track to lose 25% so far this week, putting it on pace to be the S&P 500's top weekly laggard after Bernstein SocGen Group lowered its price target on the stock due to cash flow and balance sheet uncertainty.Bernstein SocGen Group low…