Paramount Global Shares Fall Under $10, A Record Low Since Viacom & CBS Merged [Yahoo! Finance]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance
It's never dipped below ten bucks since Viacom and CBS merged in December of 2019, making this an all-time low after David Ellison's Skydance packed up and went home. More from Deadline 'Dora And The Search For Sol Dorado' Taps Jacob Rodriguez For Role Of Diego Paramount Has Been On The Ropes Before; A Reminder How Creative Courage & A Suave Front Man Saved The Sinking Studio Peter Bart: Paramount Global's Skydance Rejection Puts Heavy Pressure On Shari Redstone To Sort Shaky Future Shares of the combined company have have bounced around, starting at about $35 at the merger (ViacomCBS was subsequently renamed Paramount Global). They were briefly around $10 in the depths of Covid, but were pushing $90 a year later, before a slow decline. It's the media industry — the streaming wars, linear woes — but also some self-inflicted wounds. Paramount had a chance at different times to sell both Showtime and BET for a nice cash infusion. The shares were above $16 at the height of merg
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PARAA
News
- Play.Works Introduces "SpongeBob Bounce" to CTVPR Newswire
- With Paramount Assets In Play, There's Chatter About A Sale & Leaseback Of Hollywood Lot [Yahoo! Finance]Yahoo! Finance
- Paramount Chiefs to Staff: We're Cutting $500M In Costs After “Unacceptable” Profit Drops [Yahoo! Finance]Yahoo! Finance
- Paramount Global Co-CEOs Reveal Bankers Hired To Sell Assets; Discuss Path Forward At Town Hall [Yahoo! Finance]Yahoo! Finance
- Paramount Global Co-CEOs Have Hired Bankers to Evaluate Asset Sales, Tell Employees They've Identified Areas for Job Cuts [Yahoo! Finance]Yahoo! Finance
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