Paramount Global Cl B Stock Rises 3.5%, Outperforms Competitors

Dow Jones
04-01

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

Shares of Paramount Global Cl B rose 3.5% to $11.96 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 5,611.85 and the Dow Jones Industrial Average rising 1.0% to 42,001.76.

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

Paramount Global Cl B closed 17.7% short of its 52-week high of $14.54, which the company reached on May 3rd.

The stock outperformed some of its competitors, as Apple Inc. rose 1.9% to $222.13, Amazon.com Inc. fell 1.3% to $190.26, and Netflix Inc. fell 0.14% to $932.53.

Trading volume totaled 27.0 million, compared to the 50-day average of 9.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 31, 2025 16:34 ET (20:34 GMT)

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