Paramount Global Cl B Stock Underperforms Monday When Compared To Competitors

Dow Jones12-24 06:27

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) shed 2.91% to $10.35 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.

Paramount Global Cl B closed $5.35 below its 52-week high ($15.70), which the company reached on January 31st.

The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 0.31% to $255.27, Amazon.com Inc. $(AMZN)$ rose 0.06% to $225.06, and Netflix Inc. $(NFLX)$ rose 0.26% to $911.45.

Trading volume (9.7 M) eclipsed its 50-day average volume of 9.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 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 23, 2024 17:27 ET (22:27 GMT)

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

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