Paramount Global Cl B Stock Outperforms Competitors Despite Losses On The Day

Dow Jones12-12

DJ Paramount Global Cl B Stock Outperforms Competitors Despite Losses On The Day

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

Shares of Paramount Global Cl B (PARA) sank 0.09% to $11.19 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.

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

Paramount Global Cl B closed $5.64 below its 52-week high ($16.83), which the company reached on December 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.52% to $246.49, Amazon.com Inc. $(AMZN)$ rose 2.32% to $230.26, and Netflix Inc. $(NFLX)$ rose 2.54% to $936.56.

Trading volume (9.9 M) eclipsed its 50-day average volume of 8.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 11, 2024 17:20 ET (22:20 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Data compiled December 11, 2024. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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