DJ Paramount Global Cl B Stock Outperforms Competitors On Strong Trading Day
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Shares of Paramount Global Cl B (PARA) rose 2.29% to $10.72 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
The stock's rise snapped a three-day losing streak.
Paramount Global Cl B closed $4.98 below its 52-week high ($15.70), which the company reached on January 31st.
The stock outperformed some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 1.03% to $234.40, Amazon.com Inc. $(AMZN)$ fell 0.22% to $218.46, and Netflix Inc. $(NFLX)$ rose 0.31% to $840.29.
Trading volume (8.3 M) remained 1.9 million below its 50-day average volume of 10.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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(END) Dow Jones Newswires
January 13, 2025 17:27 ET (22:27 GMT)
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