PARA Jul 2024 13.000 call
- Yahoo Finance Video
Paramount stock pops on movement in Skydance deal
Paramount (PARA, PARAA) shares are surging on reports that the company has agreed to the terms of a deal with Skydance Media, which would merge the two companies while keeping Paramount publicly traded. Yahoo Finance Senior Reporter Alexandra Canal breaks down the details of the deal and the potential timeline for its completion. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Barrons.com
Nvidia, Microsoft, Apple May Not Need Fed Cuts. Here’s Why Most Stocks Do, and 4 Other Things to Know Today.
Roaring Kitty’s return raises concerns about market manipulation, Paramount shareholders to meet while awaiting word on Skydance offer, and other news to start your day.
- Reuters
Paramount Global's shares fall after leaders lay out sweeping restructuring plan
Paramount Global's top executives on Tuesday laid out a sweeping restructuring plan that includes $500 million in annualized cost cuts, potential asset sales and a possible joint venture or other partnerships for its Paramount+ streaming service.
