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Why Paramount Global Stock Was Moving Higher Today


Shares of Paramount Global (NASDAQ: PARA) were moving higher today after its controlling shareholder secured a $125 million investment, and it got an analyst upgrade on the news.

As of 1:34 p.m. ET, the stock was up 6.3%.

The Wall Street Journal reported last night that Shari Redstone's National Amusements, the controlling shareholder of the entertainment company, received a $125 million investment from merchant bank BDT MSD Partners.

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Source Fool.com

National Cinemedia Inc. Stock

€0.31
-3.930%
Heavy losses for National Cinemedia Inc. today as the stock fell by -€0.013 (-3.930%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the National Cinemedia Inc. stock is not clear.
Based on the current price of 0.31 € the target price of 6 € shows a potential of 1845.53% for National Cinemedia Inc. which would more than double the current price.
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