Many Hollywood Stocks Are Now “Show Me” Bets for Wall Street Investors [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
Management teams across Hollywood, put on notice by Wall Street for streaming profitability, are hunting for more cost cuts and possible mergers and asset sales to optimize asset portfolios. Hard times for media and entertainment stocks has investors mostly wary sector giants can reach sustainable streaming profits by balancing reduced content spending with subscriber growth and retention. More from The Hollywood Reporter Big East Inks Basketball Rights With Fox, NBC and TNT Sports Disney Owns Both Hulu and ESPN. A Court Considers Whether That Violates Antitrust Laws Paramount Chiefs to Staff: We're Cutting $500M in Costs After "Unacceptable" Profit Drops The result is shares of many entertainment giants are “show me stories,” with a wary Wall Street wanting evidence a decline in traditional media businesses will stop or even reverse and top executives can make newer business segments and operating models work. With investors shunning uncertainty, the first half of 2024
Show less
Read more
Impact Snapshot
Event Time:
PARAA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PARAA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PARAA alerts
High impacting Paramount Global - Class A news events
Weekly update
A roundup of the hottest topics
PARAA
News
- Five Styles Of Giving Feedback That Inspire Action [Forbes]Forbes
- Comedy Central pulls old episodes of ‘The Daily Show,' ‘The Colbert Report' from website [Los Angeles Times (CA)]Los Angeles Times
- Inside Kevin Costner's nearly 30-year journey to bring "Horizon" to life: "I couldn't forget it" [CBS News]CBS News
- Kevin Costner on "Yellowstone" departure, whether he'd ever return as John Dutton: "The idea is wide open" [CBS News]CBS News
- MTV deletes news archives from internet, erasing over two decades of articles [USA TODAY]USA TODAY
PARAA
Earnings
- 4/29/24 - Beat
PARAA
Sec Filings
- 6/21/24 - Form 8-K
- 6/17/24 - Form 11-K
- 6/13/24 - Form 4
- PARAA's page on the SEC website