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

Dow Jones12-19

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) slid 1.20% to $10.68 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.

This was the stock's fourth consecutive day of losses.

Paramount Global Cl B closed $5.60 below its 52-week high ($16.28), which the company reached on December 20th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 2.14% to $248.05, Amazon.com Inc. $(AMZN)$ fell 4.60% to $220.52, and Netflix Inc. $(NFLX)$ fell 3.22% to $889.55.

Trading volume (12.2 M) eclipsed its 50-day average volume of 9.1 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 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 18, 2024 17:20 ET (22:20 GMT)

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

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Data compiled December 18, 2024. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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