CBS Down Nearly 6% After Viacom Merger News -- Data Talk

Date : 08/14/2019 @ 4:28PM
Source : Dow Jones News
Stock : Viacom Inc (VIAB)
Quote : 26.23  0.21 (0.81%) @ 11:57PM

CBS Down Nearly 6% After Viacom Merger News -- Data Talk

CBS (NYSE:CBS)
Historical Stock Chart

1 Month : From Jul 2019 to Aug 2019

Click Here for more CBS Charts.

CBS Corporation Class B (CBS) is currently at $45.82, down $2.88, or 5.9%

 

-- Would be lowest close since March 25, 2019 when it closed at $45.53

-- On pace for largest percent decrease since July 27, 2018 when it fell 6.12%

-- On Tuesday, CBS and Viacom Inc. agreed to merge. The all-stock deal, if completed, will create a major entertainment player valued at roughly $30 billion, combining Viacom properties such as MTV, Nickelodeon, Comedy Central and the Paramount film and TV studio with CBS's broadcast network and Showtime premium network

-- Earlier Wednesday, Bernstein and BMO Capital cut their rating on CBS, while Bank of America raised the company to buy from neutral and announced a price target of $63.00/share, Benzinga reported

-- Currently down three of the past four days

-- Down 11.04% month-to-date

-- Up 4.81% year-to-date

-- Down 13.21% from 52 weeks ago (Aug. 15, 2018), when it closed at $52.80

-- Ninth worst performer in the S&P 500 today

 

All data as of 10:44:56 AM

 

Source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

August 14, 2019 11:13 ET (15:13 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest VIAB Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.