DIS Stock – ViacomCBS Inc. Cl B stock falls Wednesday, underperforms market
Shares of ViacomCBS Inc. Cl B
shed 0.67% to $40.22 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average
rising 0.16% to 33,730.89 and the S&P 500 Index
falling 0.41% to 4,124.66. ViacomCBS Inc. Cl B closed $61.75 below its 52-week high ($101.97), which the company achieved on March 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Walt Disney Co.
rose 1.06% to $187.46, Netflix Inc.
fell 2.48% to $540.02, and Comcast Corp. Cl A
fell 1.07% to $53.30. Trading volume (35.5 M) remained 5.4 million below its 50-day average volume of 41.0 M.