Paramount Global drops 5% after CNBC report

Paramount Global (PARA.US) is dropping 5% today and is one of the worst performing stocks in Russell 1000, the index of 1000 largest public US companies. Drop comes following news from CNBC reported David Faber. Faber reported that Paramount is not interested in selling its studio business separately as it sees it as being too tied with other aspects of company's business. This most likely comes as a response to Wall Street Journal report published on Tuesday. WSJ said that private equity firm Apollo Management has offered $11 billion for Paramount's TV and studio business.

Taking a look at Paramount Global chart (PARA.US) at D1 interval, we can see that the stock jumped to the highest level since mid-February yesterday, driven by post-FOMC euphoria. However, advance was halted in the $12.50 resistance zone, marked with 50-session moving average (green line). Stock is pulling back from this area today. The $11.00 area is a key support to watch as a break below would mean painting a lower low and snapping a short-term uptrend sequence.

Source: xStation5

29 April 2026, 11:09 PM

Amazon begins 2026 with solid results, but the market is focused on the pace of AI monetization!

29 April 2026, 10:22 PM

AI and Cloud push Alphabet into a new phase of growth

29 April 2026, 10:18 PM

Amazon under pressure from expectations despite very strong results!

29 April 2026, 10:03 PM

🤳Meta Delivers Powerful Results: Is it Still Not Enough for the Market?

Stocks

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days