Paramount Global's stocks triggered volatility patterns and several buys from different financial institutions. The stock hit a 52-week high at $13.61 and was associated with meme stocks due to large price jumps. Paramount gained attention on a debt restructuring move, delisting from NASDAQ, and settling of $122.5M over 2021 stock offering. Wall Street appeared divided with the stock receiving an average price target at $11.70 and an upgrade from CFRA. Notable insider buying, long-term capital growth strategies, and Wyckoff theory were discussed in relation to Paramount. However, Paramount stock also faced some downgrades and was advised to move to the sidelines until further clarity. Paramount's earnings report showed top-line growth and DTC profits. Paramount's merger with Skydance slightly upset old shareholders, but still made a case for new investors. Analysts regard Paramount as a top value and momentum stock, however its liquidity ranking plummeted. Paramount's strong Q2 was applauded, the merger with Skydance was completed, pricing target of the stock was raised to $12.00, but there is uncertainty in Wall Street's predictions.
Paramount Global Stocks News Analytics from Thu, 30 Jan 2025 08:00:00 GMT to Sat, 30 Aug 2025 23:07:54 GMT - Rating 3 - Innovation -1 - Information 8 - Rumor -2
