These streaming stocks are in big trouble.
Great (NASDAQ: FOR) Merger talks had been underway for months, but broke down last week. But there is no easy way out for Paramount, which is struggling with streaming and a high debt load. In this video, Travis Hoium highlights the issues and provides simple answers to Paramount’s struggles.
*The stock price used is based on the closing price on June 14, 2024. The video was posted on June 16, 2024.
Should you invest $1,000 in Paramount Global right now?
Before purchasing stock in Paramount Global, consider the following:
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Randi Zuckerberg, former director of market development, Facebook spokeswoman and sister of Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Travis Hoium holds positions at Snap and Walt Disney. The Motley Fool holds positions in and is recommended by Amazon, Meta Platforms, Netflix, and Walt Disney. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through our links, we may earn additional revenue to support the channel. Their opinions remain their own and are not influenced by The Motley Fool.
