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-0.00017182130584189 0 0.00217182130584187 0.00154639175257738 0.00120274914089348 -0.00240549828178695 -0.00687285223367695 -0.00687285223367695
Stock impact report

Why Paramount (PSKY) Shares Are Trading Lower Today [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
issued “Sell” ratings amid concerns about the company's valuation following its hostile bid for Warner Bros. Discovery. The ratings followed Paramount's move to acquire Warner Bros. Discovery for $30 per share in cash, countering a previously announced deal between Warner Bros. and Netflix. Analysts expressed wariness about Paramount's financial position. For instance, Morgan Stanley noted the company's nearly $30 billion enterprise value seemed excessive and was likely inflated by speculation around the deal. The firm also flagged Paramount's $15.5 billion in debt and a negative diluted earnings per share over the previous year. The stock's decline reflected these valuation worries tied to the company's standalone prospects and the potential acquisition. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Paramount? Access our full analysis report here Paramount's shares are very volatile and Show less Read more
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