Laurene Powell Jobs Invests $250 Million in Skydance, Stock Drops 24%

• Laurene Powell Jobs invested $250 million in Skydance on October 5.
• Skydance's stock price dropped 24% from $9.27 to $7.06 on October 14.
• Powell Jobs was named to the board of Skydance on October 5.
• Former Activision chief Bobby Kotick also joined the Skydance board on October 5.
• The drop in stock price occurred a week after the Ellisons closed a deal.