Previous close | 43.40 |
Open | 43.40 |
Bid | 45.10 |
Ask | 49.80 |
Strike | 65.00 |
Expiry date | 2024-07-19 |
Day's range | 43.40 - 43.40 |
Contract range | N/A |
Volume | |
Open interest | 43 |
Shares of Paramount (PARA) experienced a surge in Thursday's trading session after reports that Sony (SONY) and Apollo Global (APO) have submitted a $26 billion all cash takeover offer for the media giant. Yahoo Finance's Alexandra Canal dives into the details of the proposed deal. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith Disclosure: Apollo Global Management is the parent company of Yahoo and Yahoo Finance.
Paramount Global shares jumped more than 13% in afternoon trading after reports that Sony Pictures and Apollo Global Management have made a $26 billion all-cash offer for the media company. An offer letter was signed by Sony Pictures CEO Tony Vinciquerra and Apollo partner Aaron Sobel, The Wall Street Journal reported, citing unnamed people familiar with the situation.
The headline numbers for Apollo Global Management (APO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.