Monday, down from a recent peak of $100.34 on March 22 . Shares of Discovery declined 1.6% Monday; the company’s stock is down 47% from an all-time $77.27 per share on March 19.
The cratering of ViacomCBS stock could possibly threaten to derail its $3 billion-plus stock sales, CFRA Research analyst Tuna Amobi wrote in a note Monday. “We think the liquidation trade could pose a lingering near-term overhang on the shares, potentially compromising the pending equity offerings,” Amobi wrote.
Source: News Formal (newsformal.com)
Having Ridiculousness on repeat 24/7 at MTV finally caught up to them.
ParamountPics and hbomax should team together 😌😌😌
In an alternative reality, ViacomCBS are the world's biggest entertainment company with Blockbuster (the world’s biggest streaming service after buying Netflix in 2000), buying Dreamworks in 2005, Marvel in 2009, Blumhouse in 2013, instead must now be a target for acquisition
People saw StarTrekDiscovery, saw what a bomb it was, and there goes the stock! StarTrek CBS TV stocks
Wjy do i feel like this is there own fault
Hard to know what to make of this company. Over the last few years, it’s hit the highest highs and lowest lows. Just how can anyone invest in them?
No one watches cable anymore.
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