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Paramount Stock Plunges After Termination of Skydance Merger

Paramount’s proposed merger with Skydance Media is off after its parent company, National Amusements, and controlling shareholder Shari Redstone decided to pull the plug on the deal. This caused Paramount stock to plunge more than 10% on Tuesday. Back in April, Skydance entered into negotiations...

Paramount Stock Jumps Amid Better-Than-Expected Q2 Earnings

Mass media and entertainment giant Paramount reported its second-quarter earnings on Monday and showed signs of improvement after a rough first three months of 2023. The investors took notice, sending the company’s shares up by almost 7% at one point in after-hours trading on...

Goldman Sachs Recommends Buying Warner Bros. Discovery, Downgrades Paramount

For those looking to invest in streaming, Goldman Sachs analyst Brett Feldman recommends being bullish on Warner Bros. Discovery (WBD). On the other hand, Paramount Global (PARA) is the one stock you should avoid. In a note sent to clients on Tuesday, Feldman and his...