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- Shares of ViacomCBS and Discovery continued their dramatic plunge Friday, each closing down more than 27%. That's led to ViacomCBS shedding more than 50% for the week, while Discovery has dipped about 45%. ViacomCBS shares began to fall earlier this week after the company announced it would raise $3 billion from new stock offerings.
www.cnbc.com/2021/03/26/viacomcbs-discovery-stock-continues-to-plunge.html
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Apr 2, 2021 · ViacomCBS and Discovery shares were collateral damage in a risky arrangement between Wall Street banks and a little-known hedge fund, Archegos Capital Management.
- meg.james@latimes.com
- Senior Entertainment Writer
Mar 29, 2021 · Shares of ViacomCBS closed at $45.01 Monday, down from a recent peak of $100.34 on March 22 (at which point the shares had zoomed up 174% since the start of 2021). Shares of Discovery declined...
- Todd Spangler
Mar 26, 2021 · ViacomCBS shares began to fall earlier this week after the company announced it would raise $3 billion from new stock offerings. It was also downgraded to underweight from equal weight by...
Mar 27, 2021 · ViacomCBS, Discovery plunge due in part to forced liquidation of Archegos Capital positions. Some of the selling pressure in select U.S. media stocks and Chinese internet ADRs on...
Aug 13, 2021 · What Caused VIAC Stock to Surge in Early 2021? After being caught up in the 2020 stock market crash, ViacomCBS shares were going for under $12 last March. One year later, they had topped $100.
Mar 26, 2021 · ViacomCBS closed down 27.3% for the day, to $48.23 per share, coming after big drops earlier this week in the wake of the company’s announcement that it would sell up to $3.45 billion in stock....
Feb 16, 2022 · ViacomCBS (NASDAQ:VIAC) has rebranded itself as Paramount Global, effective Feb. 17, and will be traded under the new ticker symbols “PARAA” for Class A shares and “PARA” for Class B shares.
