Paramount Global Cl B Stock Rises Tuesday, Still Underperforms Market

Dow Jones12-25 06:28

DJ Paramount Global Cl B Stock Rises Tuesday, Still Underperforms Market

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

Shares of Paramount Global Cl B (PARA) inched 0.68% higher to $10.42 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.10% to 6,040.04 and the Dow Jones Industrial Average rising 0.91% to 43,297.03.

Paramount Global Cl B closed $5.28 short of its 52-week high ($15.70), which the company reached on January 31st.

The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ rose 1.15% to $258.20, Amazon.com Inc. $(AMZN)$ rose 1.77% to $229.05, and Netflix Inc. $(NFLX)$ rose 2.27% to $932.12.

Trading volume (4.1 M) remained 5.6 million below its 50-day average volume of 9.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 24, 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 24, 2024 17:28 ET (22:28 GMT)

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

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