Previous close | 18.82 |
Open | 18.84 |
Bid | 19.92 x N/A |
Ask | 20.25 x N/A |
Day's range | 18.84 - 18.84 |
52-week range | 12.55 - 22.80 |
Volume | |
Avg. volume | 18 |
Market cap | 7.663B |
Beta (5Y monthly) | 1.76 |
PE ratio (TTM) | N/A |
EPS (TTM) | -1.04 |
Earnings date | 05 Aug 2024 - 09 Aug 2024 |
Forward dividend & yield | 0.18 (0.98%) |
Ex-dividend date | 17 Jun 2024 |
1y target est | 54.75 |
Shares of Paramount (PARA, PARAA) are on the rise Monday following a CNBC report indicating that Skydance is set to announce its highly anticipated deal with the media giant in the near future. The agreement is expected to provide shareholders with the opportunity to either cash their holdings out or roll them over into the new venture, although the specifics of the deal are still subject to ongoing negotiations. Yahoo Finance's Alexandra Canal breaks down the details of the deal. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Skydance Media has revised its offer to buy Shari Redstone’s firm National Amusements and merge with Paramount Global giving Paramount’s nonvoting shareholders the option to cash out at a premium, The Wall Street Journal reported. After a prolonged period of speculation and uncertainty about what will happen to the media conglomerate and film producer, Paramount’s investors may want to take the improved offer.
Investing.com -- Shares in Paramount Global (NASDAQ:PARA) jumped 7.5% at the market open Monday after CNBC's David Faber that David Ellison's Skydance Media is nearing a deal to acquire the mass media and entertainment giant.