DJ Paramount Global Cl B Stock Underperforms Monday When Compared To Competitors
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Shares of Paramount Global Cl B (PARA) slipped 2.12% to $10.61 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.39% to 5,893.62 and the Dow Jones Industrial Average falling 0.13% to 43,389.60.
This was the stock's second consecutive day of losses.
Paramount Global Cl B closed $6.89 below its 52-week high ($17.50), which the company achieved on December 11th.
The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.34% to $228.02, Amazon.com Inc. $(AMZN)$ fell 0.45% to $201.70, and Netflix Inc. $(NFLX)$ rose 2.80% to $847.05.
Trading volume (12.2 M) eclipsed its 50-day average volume of 7.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 18, 2024.
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(END) Dow Jones Newswires
November 18, 2024 17:20 ET (22:20 GMT)
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