What's next for Paramount after demise of Skydance merger [Yahoo! Finance Canada]
Paramount Global - Class A (PARAA)
Company Research
Source: Yahoo! Finance Canada
company National Amusements (NAI), ended merger talks with Skydance Media earlier this week. "I was surprised," J. Christopher Hamilton , a former entertainment industry executive and professor at Syracuse University, told Yahoo Finance. "The deal seemed like it was pretty far down the road." Hamilton was not the only one shocked by the decision. An independent special committee of Paramount's board recently recommended the economics of the Skydance deal after months of back-and-forth — and was even slated to vote on the merger just before Redstone's reversal. Investors also took notice, with shares of Paramount falling about 8% after the decision became known to the public. ADVERTISEMENT "Immediately, we heard industry execs and investors calling her crazy and many other unspeakables for not 'taking the money' from Skydance," LightShed Partners' Rich Greenfield wrote on Wednesday. So why did Redstone walk away — and what could the decision mean for the company she control
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
- WNBA viewership soars to new record, while attendance hits more than two-decade high [CNBC]CNBC
- Universal's Stunning Film Campus Upgrade Built to ‘Sustain the Next 100 Years,' Comcast CEO Brian Roberts and NBCU Content Chief Donna Langley Say [Yahoo! Finance]Yahoo! Finance
- For Wall Street deal makers, the billion-dollar bangers are back [Business Insider]Business Insider
- Scripps News To Cut More Than 200 Jobs, Scale Back National News Programming Amid “Difficult” Linear TV Advertising Market [Yahoo! Finance]Yahoo! Finance
- The Hollywood Cuts Keep Comin' As Disney Does Another Worker Cleanse [Forbes]Forbes
PARAA
Earnings
- 8/8/24 - Beat
PARAA
Sec Filings
- 8/27/24 - Form 4
- 8/27/24 - Form 425
- 8/27/24 - Form 8-K
- PARAA's page on the SEC website