Why ViacomCBS Stock Was Rising Thursday

Shares of ViacomCBS (NASDAQ: VIAC) were trading higher early on Thursday, after the company reported results for the first quarter of 2020 that were better than originally feared. As of 12:40 p.m. EST today, shares were up 13%.

ViacomCBS Q1 highlights include a dividend that's not cut, rapid user growth for its streaming-video platforms, and an expanded distribution agreement with Google's YouTube, which is part of Alphabet.

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Source Fool.com