Market Performance
Paramount Global (NASDAQ:PARA) surged 5.3% in today's trading, closing at $0.58.
The Communication Services stock traded 54,977.29894 shares, below its average daily volume of 9,984,904 shares.
big mover upNASDAQ:PARA
Paramount Global (PARA) Surges 5.3% on Heavy Volume
Paramount Global (NASDAQ:PARA) surged 5.3% in today's trading, closing at $0.58.
At publication ·
What changed
Paramount Global (NASDAQ:PARA) · big mover up
- Price at event
- $0.58
- Price change
- 5.26%
- Average volume to event volume
- 10M to 55K
- 52-week high
- $13.59
- 52-week low
- $0.51
At a glance
Key takeaways
- Paramount Global stock surged 5.3% to close at $0.58, but traded only 54,977 shares versus its average daily volume of 9.98 million shares.
Company Overview
Paramount Global has a market capitalization of $7.0B. The stock has traded year-to-date.
Sharp single-day moves like this rally in Paramount Global are often driven by news catalysts — earnings surprises, analyst actions, sector developments, or broader market conditions. Investors should identify the specific driver before making trading decisions, as the sustainability of the move depends on whether the catalyst changes the fundamental outlook.
Paramount Global currently trades at $0.58, positioning the stock at the 1th percentile of its 52-week range ($0.51 — $13.59). This range context helps investors assess whether the stock is trading near support, resistance, or fair value relative to its recent history.
Related Tools: View PARA Stock Page
Frequently Asked Questions
What is causing PARA's price movement?
Price movements can be driven by earnings, analyst actions, or sector trends. Check the latest on our PARA news page.
What is PARA's 52-week range?
See full price history and interactive charts on our PARA chart page.