Previous close | 21.48 |
Open | 21.48 |
Bid | 20.70 x 100 |
Ask | 20.83 x 100 |
Day's range | 20.68 - 21.75 |
52-week range | 13.40 - 26.67 |
Volume | |
Avg. volume | 81,741 |
Market cap | 8.118B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -2.06 |
Earnings date | N/A |
Forward dividend & yield | 0.20 (0.93%) |
Ex-dividend date | 17 Jun 2024 |
1y target est | 14.92 |
Paramount Global (PARA) is running out of time on its 30-day exclusivity talks with Skydance Media over a potential merger. The media giant has steadily lost market value over the past five years as it has struggled to keep up with competition. Yahoo Finance Reporter Alexandra Canal joins Wealth! to break down the recent resignation of CEO Bob Bakish, and the potential deal between Paramount and Skydance and what it means for consumers. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
Paramount Global CEO Bob Bakish (PARA, PARAA) is stepping down, as was widely expected. He will be replaced by a trio of executives in what will be called the Office of the CEO. The news came as the media giant posted mixed first quarter results, with revenue of $7.69 billion falling just shy of the expected $7.74 billion. Adjusted earnings per share of $0.62 topped the estimate of $0.36. Yahoo Finance's Julie Hyman and Josh Lipton break down the report. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Eli Lilly tops earnings estimates and raises full-year guidance, 3M says it will ‘reset’ its dividend following the spinoff of Solventum, and Tesla shares fall after surging 15% on Monday. Amazon.com, AMD, and Super Micro Computer are scheduled to report earnings after the closing bell Tuesday.