Paramount Global Cl B Stock Underperforms Monday When Compared To Competitors

Dow Jones12-17

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

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

Shares of Paramount Global Cl B (PARA) slid 1.70% to $10.98 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.

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

Paramount Global Cl B closed $5.32 below its 52-week high ($16.30), which the company reached on December 18th.

The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.17% to $251.04, Amazon.com Inc. $(AMZN)$ rose 2.40% to $232.93, and Netflix Inc. $(NFLX)$ rose 0.24% to $921.08.

Trading volume (8.3 M) remained 711,280 below its 50-day average volume of 9.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 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 16, 2024 17:20 ET (22:20 GMT)

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

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