Kingswood Wealth Advisors LLC and various other investors have acquired significant amounts of shares in Paramount Global, while some holdings have also been reduced. With ongoing fluctuations in the market, projections range from strong momentum and value for long-term investors to recommendations for Wall Street to reduce stock. Paramount's first-quarter earnings have surpassed estimates despite a decrease in revenues year over year. There is also a significant interest in Paramount call options. While there is surging bearish options activity, some analysts suggest an incremental growth outlook. A potential reduction of U.S staff by Paramount amid industry challenges has been reported, and CFO, Naveen Chopra, has resigned to join Roblox. Despite facing legal challenges relating to the Trump lawsuit settlement, active discussions are underway. Paramount's stock has underperformed compared to Dow and the communication services sector. Despite a possible merger with Skydance, uncertainties persist as the road to progress appears long. Paramount Global has declared a quarterly dividend of $0.05. Paramount Global has been compared to streaming providers like Netflix and Roku.
Paramount Global Stocks News Analytics from Mon, 11 Nov 2024 08:00:00 GMT to Sat, 21 Jun 2025 08:14:49 GMT -
Rating 0
- Innovation 4
- Information 7
- Rumor -5
