| 2024-04-18 | +1.48 % |
- Sony and investment firm Apollo Management are discussing a joint buyout of Paramount Global, causing its stock to rise 12% in after-hours trading, with Paramount's stock reacting positively to the news of the potential joint bid, as Sony and Apollo are considering teaming up for a cash-for-shares acquisition to take the company private, following recent failed bids from Apollo and Skydance Media on the entertainment conglomerate.
- The article discusses the potential merger between Paramount Global and Skydance Media, supported by investors like Larry Ellison, with ongoing negotiations and shareholder pressures, which may lead to a recapitalization of Paramount and potentially raise its trading value, explaining why the Paramount Global (PARA) stock went up by 1.48% last night.
- The article mentions that Paramount Global (PARA) stock was up 1.48% last night, and the reason behind this increase could be attributed to talks between Sony Group Corp and Apollo Global Management discussing a joint bid to purchase Paramount, while Paramount is also conducting exclusive merger negotiations with Skydance, as reported by NYT.
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| 2024-04-17 | +3.64 % |
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| 2024-04-16 | -4.31 % |
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| 2024-04-15 | -0.55 % |
- Paramount Global (PARA) stock was down by -0.55% last night; the stock decrease could be due to factors such as market sentiment, corporate performance, earnings reports, global events, or internal company developments.
- The article discusses how John Rogers Jr., whose firm owns a 1.8% stake in Paramount Global, considers the exclusive talks with Skydance Media for a potential merger "unprecedented" and believes the recent stock decline indicates a lack of faith in Skydance's CEO, David Ellison. The stock went down partly due to concerns about the potential merger not appropriately benefiting shareholders, leading to the threat of legal action by Rogers and his company if the deal doesn't seem fair.
- Paramount Global (PARA) stock went down by -0.55%, the reason being the article discusses the struggles and challenges faced by writers in Hollywood due to the industry's shift towards maximizing efficiency and prioritizing financial gains over creative value, highlighting the underlying issues of the entertainment industry's current business practices and the impact on individual creators like Alena Smith.
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| 2024-04-12 | -2.75 % |
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| 2024-04-11 | +7.33 % |
- The article discusses Paramount Global's stock, which increased by 7.33% last night, and various analyst ratings on the stock, with a potential upside price target of $13. The stock surged due to positive quarterly earnings data, beating analyst estimates, revenue of $7.64 billion, and positive return on equity, leading to a consensus buy rating.
- Paramount Global (PARA) stock was up 7.33% last night despite ongoing merger discussions with Skydance Media causing consternation, with uncertainty surrounding the company's potential merger, shareholder distrust, and upcoming earnings report contributing to the stock's rise as it teeters near $10 amid broader industry challenges in content streaming and declines in TV and movie segment revenues.
- Paramount Global (PARA) stock went up due to a possible acquisition by David Ellison's Skydance Media being publicly criticized by common shareholders for terms favoring Shari Redstone, resulting in board resignations, objections to reported terms, threats of legal action, and dissatisfaction over the valuation and potential dilution of shares, all while investors express frustration at the board's dismissal of a higher bid from Apollo Global and concerns over conflicts of interest and fiduciary duty.
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| 2024-04-10 | -4.28 % |
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| 2024-04-09 | -0.81 % |
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| 2024-04-08 | -7.6 % |
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| 2024-04-05 | -3.23 % |
- Paramount Global (PARA) stock was upgraded by Wolfe Research from underperform to peer perform, but still faced a 3.23% decline, potentially due to multiple downgrades and revised target prices by various brokerages, as well as the company's negative net margin and revenue decrease reported in the last quarter.
- Paramount Global (PARA) stock went down by 3.23% last night, as overall U.S. stocks were lower due to losses in the Technology, Consumer Services, and Healthcare sectors, with specific worst performers like Salesforce Inc (CRM) and Lamb Weston Holdings Inc (LW) affecting the market.
- The article discusses the potential acquisition of Paramount Global (PARA) by Skydance Media, which could involve merging assets and raising new equity, leading to shares being potentially diluted for existing shareholders, as Paramount Global has been struggling to grow in recent years due to declining revenue, including Paramount+ continuing to lose money and a recent debt rating cut to junk. The stock price of PARA went down last night -3.23%, possibly due to market uncertainties surrounding the potential acquisition and the company's financial struggles.
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| 2024-04-04 | -8.51 % |
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| 2024-04-03 | +14.97 % |
- The article discusses how private-equity firm Apollo Global Management made a $27 billion bid to acquire all of Paramount Global, leading to Paramount Global's stock rising by 14.97% as the company considers potential mergers and acquisitions. This increase in stock value could be attributed to the speculation surrounding the bid and the possibility of Paramount Global being sold as a whole.
- Paramount Global (PARA) stock surged 14.97% following reports that the company has entered into exclusive negotiations with Skydance for a potential acquisition, rejecting Apollo/Legendary Entertainment's bid. The stock rise is attributed to Skydance's offer and their existing partnership with Paramount Global, which includes co-producing Star Trek movies.
- The article reports on various companies in the United States and Canada announcing significant job cuts in 2024 across different sectors, including technology, media, financial services, consumer and retail, health, manufacturing, and natural resources, potentially leading to the stock of Paramount Global (PARA) rising by 14.97% due to the company planning to conduct unspecified layoffs.
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| 2024-04-02 | +0.09 % |
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| 2024-03-28 | +0.6 % |
- The article reports that Paramount Global (NASDAQ: PARA) stock was up by 0.6%, and the increase in stock price could be attributed to the reaffirmation of its "market perform" rating by Raymond James and positive quarterly earnings, beating analysts' expectations.
- The article covers various financial news, including Fisker cutting prices for its 2023 model-year vehicles, Schlumberger acquiring Aker Carbon Capture, and Discover's CEO resigning; however, it mentions that Paramount Global (PARA) stock was up by 0.6%, likely due to the tech giant's increased investment of $4 billion in the company and Lands' End shares surpassing the $10 mark for the first time since August 2023.
- The article discusses details of a SERIES A PREFERRED SHARE SUBSCRIPTION AGREEMENT between DigitalLand Holdings Limited, GDS Holdings Limited, and investors, outlining terms and conditions for the purchase of Subscription Shares. Paramount Global (PARA) stock likely went up due to positive investor sentiment surrounding this agreement and the Company's plans for data center development and related services.
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| 2024-03-27 | +2.9 % |
- The article mentions that last night, Paramount Global (PARA) stock was up by 2.9%, and the reason for the increase could be due to the tech giant's total stake growing to $4 billion, its largest investment in another company.
- Paramount Global (PARA) stock was up by 2.9% last night, driven by news of an $11 billion bid from Apollo Global Management for acquiring Paramount's film and TV studio, along with potential cost-cutting talks with Comcast to streamline streaming apps amid declining cable business and a weakening ad market.
- The article discusses the rise of Paramount Global (PARA) stock, which saw a 2.9% increase last night, primarily due to Donald Trump's social media company, Trump Media, experiencing significant gains on the stock market following its trading debut on the Nasdaq and despite questionable valuations, with Trump's personal wealth increasing by billions as a result.
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| 2024-03-26 | -0.7 % |
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| 2024-03-25 | +1.78 % |
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| 2024-03-22 | -4.82 % |
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| 2024-03-21 | -5.52 % |
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| 2024-03-20 | +11.8 % |
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| 2024-03-19 | -0.09 % |
- The article discusses Paramount Global (PARA) stock, which was down by -0.09% last night due to Equities researchers at Seaport Res Ptn lowering their Q2 2024 earnings per share estimates for the company, citing a decrease in expected earnings per share from $0.26 to $0.25, resulting in a consensus estimate of $1.20 per share for the full year, thus leading to a negative impact on the stock.
- The article discusses how institutional investors like Foundation Resource Management Inc. have increased their holdings in Paramount Global (PARA) stock, but despite this, the stock was down by -0.09% last night. The stock went down possibly due to various analysts downgrading their price targets on PARA, with negative ratings and decreased forecasts, indicating a lack of confidence in the company's performance and potentially impacting its stock value.
- The article announces that PPG's U.S. woodcare brands have named Black Walnut as the 2024 Stain Color of the Year, a color that exudes warmth and elegance suitable for various architectural styles. The stock of Paramount Global (PARA) may have gone down due to factors like market conditions, company performance, or overall economic trends.
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| 2024-03-14 | -3.6 % |
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| 2024-03-13 | +0.78 % |
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| 2024-03-12 | -0.26 % |
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| 2024-03-11 | +6.31 % |
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| 2024-03-07 | +2.86 % |
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| 2024-03-06 | +2.84 % |
- The article discusses various developments regarding the ownership and changes in the Twitter platform, now called X, under Elon Musk, including controversies, legal battles, new features, partnerships, rebranding, and financial matters, leading to a rise in Paramount Global (PARA) stock by 2.84% last night. The stock goes up due to the positive impact of various acquisitions, deals, and initiatives undertaken by Elon Musk to transform the platform and cater to different user needs and interests.
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| 2024-03-04 | -5.94 % |
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| 2024-03-01 | -0.82 % |
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| 2024-02-29 | -0.18 % |
- Paramount Global (PARA) stock was down by -0.18% after the company's fourth-quarter earnings report revealed stabilization in business trends and potential challenges ahead, with experts noting concerns about the Hollywood giant's future outlook, including uncertainties around linear networks, film revenue normalization, and ongoing direct-to-consumer losses, with various analysts attributing the stock decrease to these factors.
- Paramount Global Inc. stock (PARA) was down -0.18% last night, even after the media and entertainment company reported a surprise adjusted quarterly profit due to higher subscription prices for its Paramount+ streaming platform; the stock likely went down due to various factors from industry developments to general market trends.
- The article discusses market updates, including the fact that Paramount Global (PARA) stock was down by 0.18% last night. The stock likely went down due to various factors affecting the market, such as concerns about inflation, bond prices rising, and overall market conditions.
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| 2024-02-28 | -1.69 % |
- The article provides a summary of Paramount Global (PARA) stock, which decreased by -1.69% last night as Morgan Stanley lowered its target price from $11.00 to $10.00, providing an underweight rating due to recent analyst reports highlighting a negative outlook, including downgrades to sell ratings from multiple sources such as Redburn Atlantic and Loop Capital, resulting in a consensus hold rating with a price target of $15.05, with factors such as the company's P/E ratio, dividend payouts, and stake adjustments by institutional investors influencing the decrease.
- The article discusses the increase in job cuts in various industries, including tech, finance, and media, to combat inflation and cost increases, with companies like Paramount Global resorting to layoffs, resulting in a downturn of -1.69% in PARA stock, amidst a trend of companies eliminating jobs to showcase commitment to cost-cutting and financial performance.
- The article discusses global market dynamics, U.S. economic growth projections, Federal Reserve's stance on interest rates, President Biden's approval ratings, and market fluctuations with stocks slipping. Paramount Global (PARA) stock was down by -1.69% last night due to general market decline and investor sentiment influenced by factors such as interest rate expectations and global economic health.
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| 2024-02-27 | +1.44 % |
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| 2024-02-26 | -1.07 % |
- Paramount Global (PARA) stock was down -1.07% last night, as the company is scheduled to report its quarterly earnings at the end of February, with analysts predicting earnings of ($0.04) per share; the stock opened at $11.21 on Monday, and various research analyst reports have issued negative ratings on PARA, contributing to the stock decrease, alongside the company's recent quarterly dividend announcement and ratings changes made by institutional investors in the company.
- Paramount Global (PARAA) stock was down by -1.07% last night as the company is set to release its 12/31/2023 earnings data, with analysts predicting earnings of 0.08 per share; the stock decline might be influenced by a recent downgrade report from TheStreet lowering the rating from "c-" to "d+."
- Paramount Global (PARA) stock, which decreased by -1.07% last night, has experienced the decline as a result of various hedge funds and institutional investors, such as Dark Forest Capital Management LP, modifying their stakes in the company by purchasing significant amounts of shares, and it is currently facing a consensus "Hold" rating from analysts with an average price target of $15.00.
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| 2024-02-23 | -4.27 % |
- The article states that Paramount Global's stock went down by 4.3% due to S&P placing the company's credit rating on a negative watch, citing low operating cash flow generation resulting from declining cable television and streaming competition, weak revenue growth, high debt, and increased spending on content, technology, marketing, and subscriber acquisition costs in their streaming business.
- The paramount global(PARA) stock was down by -4.27% last night, and the reason for the decrease in stock price could be attributed to various news and events in the tech industry such as Google pausing image generation capability of Gemini AI, Nvidia beating expectations due to AI, OpenAI's Sora text-to-video generative AI model raising concerns, and other developments in the AI industry like Lambda AI raising $320M, Flower Labs raising $20M, and Yuga Labs acquiring PROOF.
- Paramount Global (PARA) stock decreased by -4.27% last night, with institutional investors like V Square Quantitative Management LLC increasing their stake significantly, leading to a boost of over 1,000%, and other institutions either buying or selling their shares of PARA, which contributed to the decline in stock value; this decline in value was also influenced by various research analyst reports suggesting a "sell" rating and reducing target prices for the company.
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| 2024-02-22 | -0.76 % |
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| 2024-02-21 | -1.26 % |
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| 2024-02-20 | -0.42 % |
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| 2024-02-16 | -4.69 % |
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| 2024-02-15 | -4.55 % |
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| 2024-02-14 | +1.46 % |
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| 2024-02-13 | -3.06 % |
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| 2024-02-12 | +3.95 % |
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| 2024-02-09 | -0.85 % |
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| 2024-02-08 | +1.25 % |
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| 2024-02-07 | -8.15 % |
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| 2024-02-06 | -0.21 % |
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| 2024-02-05 | -2.84 % |
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| 2024-02-02 | -1.7 % |
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| 2024-02-01 | +0.62 % |
- Paramount Global's stock (PARA) went up by 0.62% last night due to news of Byron Allen's $30 billion offer for the company, which has led to increased speculation about the future of Paramount and its assets. Allen's bid has prompted Paramount to form a special board committee to evaluate potential offers, while other companies like Skydance Media, RedBird Capital, and Apollo Global Management have also expressed interest in Paramount's assets. The increase in stock price is seen as a result of the acceleration of sale talks and the potential for a sale of the entire company, rather than just Shari Redstone selling her stake. The decision point for Redstone is approaching, as Paramount has struggled financially compared to its peers. However, some question the solidity of Allen's financing and note that his past offers, including for ABC and other Disney TV assets, have not materialized. Paramount's fourth-quarter results, to be reported on February 28, are expected to provide insight into the company's financial situation and streaming profitability.
- Paramount Global (PARA) stock increased by 0.62% last night, and the reason behind the increase is not stated in the article.
- The article reveals the details of the first-ever Super Bowl alternate telecast on Nickelodeon, featuring characters from SpongeBob SquarePants, and explains that the Paramount Global (PARA) stock went up, albeit not directly related to the content of the article.
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| 2024-01-31 | +6.65 % |
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| 2024-01-30 | -0.51 % |
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| 2024-01-29 | -0.36 % |
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| 2024-01-26 | -1.15 % |
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| 2024-01-25 | +4.49 % |
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| 2024-01-24 | -2.34 % |
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| 2024-01-23 | -0.51 % |
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| 2024-01-22 | +2.61 % |
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| 2024-01-19 | +2.21 % |
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| 2024-01-18 | +0.85 % |
- The article discusses the current state of the entertainment industry and the speculation surrounding potential merger and acquisition deals involving media conglomerates Paramount Global, Warner Bros. Discovery, and Comcast's NBCUniversal. The author questions whether mergers and acquisitions are the solution to the industry's challenges, particularly in the face of competition from streaming platforms. The article suggests that Paramount Global is at a crossroads and explores the potential for a merger with other companies. However, it concludes that simply getting bigger may not solve the industry's fundamental problems. The reason for Paramount Global's stock going up is not stated in the article.
- The article discusses the unusual moves and potential conflicts of interest surrounding the possible sale of Shari Redstone's Paramount media empire, including her investment banker, Byron David Trott, and investor Warren Buffett. The Paramount Global (PARA) stock went up, but the specific reason for the increase is not mentioned in the article.
- Paramount Global (PARA) stock went up by 0.85% last night after CFRA Research analysts upgraded the stock from Hold to Buy and reiterated their price target of $16, citing attractive entry price, potential shift in company control, and impressive media assets.
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| 2024-01-16 | -0.75 % |
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| 2024-01-12 | -0.15 % |
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| 2024-01-11 | -5.45 % |
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| 2024-01-10 | -0.77 % |
- The article reports that Skydance Media CEO David Ellison is discussing an all-cash bid to acquire Paramount Global's parent company, National Amusements, which is causing Paramount Global's stock to go down.
- Wall Street is concerned about the lack of a sustainable business model for legacy media companies in the streaming industry, with companies like Disney, Warner Bros. Discovery, Comcast, and Paramount Global struggling to find a solution to their financial challenges and falling behind Netflix in terms of stock performance. The main obstacle is getting these companies to collaborate on a cable-style bundle for streaming services, as well as concerns about cannibalizing their cable plans and regulatory issues. Wall Street analysts predict that a third-party aggregator or mergers and acquisitions could potentially solve the problem, but there is uncertainty about whether a major deal will happen in 2024. Additionally, the theatrical industry is grappling with the effects of the pandemic, and investors are looking for a return to pre-pandemic profitability levels and heavy investments in premium screens.
- Paramount Global (PARA) stock went down -0.77% as Shari Redstone launches a formal auction of National Amusements, the holding company that controls Paramount Global, in search of a prospective bidder to sell all or part of the company's stake in Paramount Global.
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| 2024-01-09 | -3.13 % |
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| 2024-01-05 | +1.1 % |
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| 2024-01-04 | +2.11 % |
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| 2024-01-02 | -2.64 % |
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| 2023-12-29 | -2.38 % |
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| 2023-12-28 | +1.07 % |
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| 2023-12-27 | -0.2 % |
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| 2023-12-26 | +0.13 % |
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| 2023-12-22 | -0.46 % |
- Nike's stock (PARA) declined by -0.46% due to weak online business trends and cautious consumer spending, leading the company to cut its annual sales forecast and seek $2 billion in cost savings through various measures such as product supply tightening, management layer reduction, automation, and supply chain improvement.
- The Paramount Global (PARA) stock went down by -0.46% last night, possibly due to mixed reactions from analysts regarding a potential merger with Warner Bros.
- The article discusses potential merger talks between Warner Bros. Discovery and Paramount Global, which have caused both companies' stocks to fall, as investors are skeptical about the positive impact of major media acquisitions. Paramount is currently facing financial troubles and selling off assets to free up cash, while Warner Bros. Discovery's CEO, David Zaslav, has been criticized for aggressive cost-cutting measures and not being talent-friendly.
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| 2023-12-21 | -2.77 % |
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| 2023-12-20 | -2.02 % |
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| 2023-12-19 | +2 % |
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| 2023-12-18 | -4.67 % |
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| 2023-12-15 | -2.63 % |
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| 2023-12-13 | +3.01 % |
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| 2023-12-12 | -5.97 % |
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| 2023-12-11 | -3.62 % |
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| 2023-12-08 | +12.11 % |
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| 2023-12-07 | -1.25 % |
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| 2023-12-06 | -1.87 % |
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| 2023-12-05 | -2.76 % |
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| 2023-12-01 | +9.81 % |
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| 2023-11-30 | -0.28 % |
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| 2023-11-29 | +3.59 % |
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| 2023-11-28 | -1.7 % |
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| 2023-11-27 | -0.42 % |
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| 2023-11-24 | +0.35 % |
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| 2023-11-22 | +0.71 % |
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| 2023-11-21 | +0.93 % |
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| 2023-11-20 | +5.61 % |
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| 2023-11-17 | +3.37 % |
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| 2023-11-15 | +5.19 % |
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| 2023-11-14 | +4.33 % |
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| 2023-11-13 | -0.83 % |
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| 2023-11-09 | +2.62 % |
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| 2023-11-08 | -7.94 % |
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| 2023-11-07 | +1.18 % |
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| 2023-11-06 | -7.78 % |
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| 2023-11-03 | +15.44 % |
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| 2023-11-02 | +10.37 % |
- Paramount Global (PARA) stock rose 10.37% after the company's latest earnings report showed growth in subscribers for their streaming service, Paramount+, and narrowed streaming losses, easing concerns about competitiveness and long-term outlook. The company's CEO also expressed optimism about future streaming expansion and predicted narrowing losses in the coming years. Additionally, the final season of the popular show "Yellowstone" was announced to air in 2024.
- The article discusses Paramount Global (PARA) stock, which went up by 10.37% last night, and highlights the company's focus on leveraging its world-class content to build a next-generation media company, with an emphasis on profitable TV media, distribution, and monetization. The article does not provide a specific reason for the increase in PARA stock.
- Shares of Paramount Global and other media firms surged more than 9% after streaming device maker Roku signaled a rebound in the advertising market, with analysts believing that there is an acceleration in the shift of linear TV advertising dollars moving to over-the-top platforms.
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| 2023-11-01 | -0.74 % |
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| 2023-10-31 | -1.09 % |
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| 2023-10-30 | +2.8 % |
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| 2023-10-27 | -1.83 % |
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| 2023-10-26 | -0.37 % |
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| 2023-10-24 | -0.36 % |
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| 2023-10-19 | -3.36 % |
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