DJ Paramount Global Cl B Stock Underperforms Tuesday When Compared To Competitors
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Shares of Paramount Global Cl B (PARA) slid 1.46% to $11.50 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.37% to 43,621.16 and the S&P 500 Index falling 0.47% to 5,955.25.
The stock's fall snapped a nine-day winning streak.
Paramount Global Cl B closed 20.91% below its 52-week high of $14.54, which the company reached on May 3rd.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ fell 0.02% to $247.04, Amazon.com Inc. $(AMZN)$ rose 0.04% to $212.80, and Netflix Inc. $(NFLX)$ fell 1.14% to $977.24.
Trading volume (6.8 M) remained 2.3 million below its 50-day average volume of 9.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 25, 2025.
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February 25, 2025 17:22 ET (22:22 GMT)
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