Paramount Stock Dives On Wall Street Analyst's Downgrade

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Paramount Stock Dives On Wall Street Analyst's Downgrade
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Paramount Global shares fell nearly 9% midway through the trading day after veteran media analyst Jessica Reif Ehrlich delivered a harsh verdict on the stock. The BofA Securities analyst downgraded…

Paramount Global shares fell nearly 9% midway through the trading day after veteran media analyst Jessica Reif Ehrlich delivered a harsh verdict on the stock.

The BofA Securities analyst downgraded the stock to “underperform,” or sell, in a blistering note to clients whose headline declared that shares are “hard to buy if it’s not for

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