DIS Stock – ViacomCBS Inc. Cl B stock underperforms Wednesday when compared to competitors
Shares of ViacomCBS Inc. Cl B
shed 3.22% to $41.43 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.08% to 4,183.18 and Dow Jones Industrial Average
falling 0.48% to 33,820.38. The stock’s fall snapped a three-day winning streak. ViacomCBS Inc. Cl B closed $60.54 below its 52-week high ($101.97), which the company reached on March 15th.
The stock underperformed when compared to some of its competitors Wednesday, as Walt Disney Co.
fell 0.68% to $183.39, Netflix Inc.
rose 0.19% to $506.52, and Comcast Corp. Cl A
fell 0.37% to $54.10. Trading volume (27.6 M) remained 18.9 million below its 50-day average volume of 46.5 M.