Paramount Global Cl B Stock Outperforms Competitors On Strong Trading Day

Dow Jones
01-18

DJ Paramount Global Cl B Stock Outperforms Competitors On Strong Trading Day

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

Shares of Paramount Global Cl B (PARA) advanced 1.08% to $10.27 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.00% to 5,996.66 and the Dow Jones Industrial Average rising 0.78% to 43,487.83.

The stock's rise snapped a three-day losing streak.

Paramount Global Cl B closed 34.59% short of its 52-week high of $15.70, which the company reached on January 31st.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 0.75% to $229.98, Amazon.com Inc. $(AMZN)$ rose 2.39% to $225.94, and Netflix Inc. $(NFLX)$ rose 1.87% to $858.10.

Trading volume (9.4 M) remained 992,404 below its 50-day average volume of 10.4 M.

Data source: Dow Jones Market Data, FactSet. Data compiled January 17, 2025.

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

January 17, 2025 17:24 ET (22:24 GMT)

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