Streetbeat News

PARAP

Paramount Global

https://www.paramount.com

CEO

Robert Bakish

Employees

24,500

Industry

Television Broadcasting

Paramount Global is an American multinational mass media and entertainment conglomerate owned and operated by National Amusements and headquartered in New York.

Open

13.70

Mkt cap

8.4B

Volume

1.2M

High

14.00

P/E Ratio

2.24

52-wk high

32.27

Low

13.65

Div yield

0.02

52-wk low

12.95

In Friday's pre-market session, several Communication Services stocks showed significant movement. Cardlytics and Getty Images Holdings reported Q4 earnings, leading to a 48.3% and 6.79% increase in their stock prices, respectively. Conversely, Marchex, Kuke Music Hldg, Gaxos.AI, Cheer Holding, Baosheng Media Gr, and Grom Social Enterprises saw declines following their earnings reports.

Portfolio Pulse from Benzinga Insights

March 15, 2024 | 1:06 pm

In Thursday's intraday session, several Communication Services stocks experienced significant movements. WiMi Hologram Cloud (WIMI) led the gainers with a 28.2% increase, while Hello Gr (MOMO) saw the largest decline among the losers, dropping 24.4%. Notably, Cheer Holding (CHR) and AdTheorent Holding (ADTH) released their financial earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 5:31 pm

In Thursday's pre-market session, several Communication Services stocks showed notable movements. WiMi Hologram Cloud (WIMI) led the gainers with a 30.0% increase, while Hello Gr (MOMO) experienced the largest drop among the losers, declining by 19.6% following its Q4 earnings release. Other notable movements included Golden Matrix Group (GMGI) and VS Media Holdings (VSME) with significant gains, and HWH International (HWH) and Fangdd Network Group (DUO) among the losers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

In Friday's after-market session, several communication services stocks saw significant movements. VS Media Holdings, Collective Audience, Paramount Global, IHS Holding, and Mobile Global Esports were among the gainers, with increases in their stock prices. Conversely, Brera Holdings, Pop Culture Gr, Society Pass, Motorsport Games, and Cardlytics experienced declines. These movements reflect the dynamic nature of the market and could indicate investor reactions to company-specific news or broader sector trends.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 9:32 pm

Paramount Global's stock (NASDAQ:PARA) is down amid news of Byron Allen renewing his bid for BET Media Group, offering $3.5 billion for BET and VH1. This comes after reports of a potential $2 billion sale of BET to a management-led investor group. Previously, Paramount had rejected offers for BET, including from Allen and Tyler Perry. Allen's renewed interest coincides with talks of a larger merger between Paramount Global and Warner Bros Discovery. BET, a significant component of Black media, was acquired by Viacom in 2001 and its potential return to Black ownership has garnered attention.

Portfolio Pulse from Anusuya Lahiri

December 21, 2023 | 5:15 pm

In Monday's pre-market session, several communication services stocks experienced significant movements. NextPlay Technologies (NXTP) saw a 50% increase, while Sea (SE) dropped by 11.8%. Other gainers included GDEV, ONFO, CRGE, BHAT, and ANGH, with increases ranging from 5.18% to 12.32%. Losers included DRCT, PARAP, WIMI, LYT, and ASST, with declines between 4.92% and 7.71%. These movements reflect changes in investor sentiment and market dynamics affecting these companies.

Portfolio Pulse from Benzinga Insights

December 11, 2023 | 1:06 pm

Several communication services stocks experienced significant movement in Thursday's after-market session. Gainers included Integral Ad Science (NASDAQ:IAS), Paramount Global (NASDAQ:PARAP), PodcastOne (NASDAQ:PODC), Paramount Global (NASDAQ:PARA), Magnite (NASDAQ:MGNI), and Yelp (NYSE:YELP). Losers included BuzzFeed (NASDAQ:BZFD), LQR House (NASDAQ:LQR), Lumen Technologies (NYSE:LUMN), MultiMetaVerse Holdings (NASDAQ:MMV), Liberty Live (NASDAQ:LLYVK), and GDEV (NASDAQ:GDEV). Q3 earnings reports were released for several of these companies.

Portfolio Pulse from Benzinga Insights

November 02, 2023 | 9:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.