Paramount stock slides amid sustained earnings pressure

Feb. 16, 2023 7:53 AM ETParamount Global (PARA) StockBy: Preeti Singh, SA News Editor39 Comments

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Paramount Global (NASDAQ:PARA) (PARRA) shares dipped 8% Thursday morning after the mass media firm reported underwhelming fourth quarter results that fell short of Wall Street estimates.

The New York-based firm generated adjusted earnings of $0.08 per share on revenue of $8.13B

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