Paramount Global Cl B Stock Underperforms Friday When Compared To Competitors

Dow Jones12-14

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 3.53% to $11.22 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.

Paramount Global Cl B closed $5.41 short of its 52-week high ($16.63), which the company achieved on December 15th.

The stock underperformed when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 0.07% to $248.13, Amazon.com Inc. $(AMZN)$ fell 0.66% to $227.46, and Netflix Inc. $(NFLX)$ fell 0.72% to $918.87.

Trading volume (5.6 M) remained 3.4 million below its 50-day average volume of 9.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 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 13, 2024 17:20 ET (22:20 GMT)

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

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