Paramount Global Cl B Stock Underperforms Friday When Compared To Competitors

Dow Jones11-09

DJ Paramount Global Cl B Stock Underperforms Friday When Compared To Competitors

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Paramount Global Cl B (PARA) shed 3.99% to $11.07 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.38% to 5,995.54 and the Dow Jones Industrial Average rising 0.59% to 43,988.99.

The stock's fall snapped a three-day winning streak.

Paramount Global Cl B closed $6.43 short of its 52-week high ($17.50), which the company achieved on December 11th.

The stock underperformed when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ fell 0.12% to $226.96, Amazon.com Inc. $(AMZN)$ fell 0.89% to $208.18, and Netflix Inc. $(NFLX)$ fell 0.19% to $795.04.

Trading volume (15.7 M) eclipsed its 50-day average volume of 7.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 8, 2024.

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November 08, 2024 17:20 ET (22:20 GMT)

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