May 26, 2024

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Press release

Why Paramount Global Stock Is Diving

Paramount Global Class B (NASDAQ: PARA) shares are trading lower by 7.4% to $11.90 Wednesday morning. The stock is trading lower in symapthy with peer media company Warner Bros. Discovery, which traded lower after the company reported worse-than-expected third-quarter financial results.

What Happened With WBD Earnings?

Warner Bros. Discovery, Inc reported Q3 FY23 revenue growth of 1% year-on-year to $9.98 billion, just below the expected $10.00 billion. They had an EPS loss of 17 ...

Full story available on Benzinga.com


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