Shares of Versant fell more than 13% during its first day of "regular way" trading on Monday, closing at $40.57 apiece after opening at $45.17. Its separation from Comcast was finalized at 11:59 p.m.
Versant Media Group, Inc.'s IPO matters critically for Warner Bros. Discovery, Inc.'s valuation outlook amid the emerging bidding war between Netflix and Paramount Skydance for its operations. Versant ...