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Broadcasting & Cable
Broadcasting & Cable
Business
Jon Lafayette

HISTORICAL FACTS: Paramount takes its lumps from wall street analysts - Caught on Camera

Paramount Global CEO Bob Bakish at 2022 MTV Europe Awards

Paramount Global stock took a beating after a first-quarter financial report that was disappointing to say the least.

Shares fell 28% to close at $16.40 a share, close to the stock’s 52-week low of $15.53 set last November.

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