DJ Paramount Global Cl B Stock Outperforms Competitors Despite Losses On The Day
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Shares of Paramount Global Cl B (PARA) slid 1.97% to $10.92 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 3.46% to 5,268.05 and Dow Jones Industrial Average falling 2.50% to 39,593.66.
Paramount Global Cl B closed 24.90% below its 52-week high of $14.54, which the company achieved on May 3rd.
Despite its losses, the stock outperformed some of its competitors Thursday, as Apple Inc. $(AAPL)$ fell 4.24% to $190.42, Amazon.com Inc. $(AMZN)$ fell 5.17% to $181.22, and Netflix Inc. $(NFLX)$ fell 2.57% to $921.17.
Trading volume (9.0 M) remained 481,306 below its 50-day average volume of 9.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 10, 2025.
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(END) Dow Jones Newswires
April 10, 2025 17:20 ET (21:20 GMT)
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