Wells Fargo Downgrades ViacomCBS (VIAC) to Underweight
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SPAC, Secondary and Now Traditional IPO Markets Show Signs of Strain
March 25, 2021 1:38 PM EDTA flurry of traditional IPOs struggled to gain traction Thursday as investors showed they are gun-shy amid the torrid of secondary stock offerings, SPAC weakness, and market rotation due to rising interest rates.
Of the six traditional IPOs that made their public debut today, only one opened higher. One SPAC also came to market and it too opened below the $10 IPO price.
Cricut, Inc. (NASDAQ: CRCT) opened 21% lower, Diversey Holdings, Ltd. (NASDAQ: DSEY) opened 10% lower,... More
CBS Sports & Paramount+ Acquire Exclusive U.S. Rights to Serie A, With More Than 400 Matches Each Season (VIAC)
March 25, 2021 9:49 AM EDTCBS Sports and Lega Serie A today announced the details of a multi-platform agreement for exclusive U.S. rights to the Serie A Championship, the Coppa Italia and the Supercoppa Italiana.
Paramount+, ViacomCBS subscription streaming service, will deliver more than 400 club matches live each season through 2024, featuring all 380 Serie A... More
MoffettNathanson Downgrades ViacomCBS (VIAC) to Sell
March 25, 2021 6:32 AM EDT(Updated - March 25, 2021 6:36 AM EDT)
MoffettNathanson analyst Michael Nathanson downgraded ViacomCBS (NASDAQ: VIAC) from Neutral to Sell, PT $55.00 (from $67.00).
The analyst comments "ViacomCBS total streaming business is now trading at about 5x with our one-turn lowered core EBITDA multiple of 5x... More
ViacomCBS (VIAC) call put ratio 1 call to 2.5 puts amid sharp share price sell off
March 25, 2021 5:00 AM EDTViacomCBS (NASDAQ: VIAC) March weekly call option implied volatility is at 122, April is at 71; compared to its 52-week range of 35 to 108. Call put ratio 1 call to 2.5 puts.
... MoreIncreasing unusual put option volume: ZTO KWEB VIPS RLX VIAC
March 25, 2021 4:28 AM EDTIncreasing unusual put option volume: ZTO KWEB VIPS RLX VIAC
... MoreViacomCBS (VIAC) call put ratio 1 call to 2.7 puts with focus on March weekly 70, 75 and 80 puts as shares sell off 20%
March 24, 2021 11:41 AM EDTViacomCBS (NASDAQ: VIAC) call put ratio 1 call to 2.7 puts with focus on March weekly 70, 75 and 80 puts as shares sell off 20%
ViacomCBS (VIAC) Continues to Decline, Now Down 20%
March 24, 2021 11:34 AM EDTViacomCBS (NASDAQ: VIAC) Continues to Decline, Now Down 20%
ViacomCBS (VIAC) Weakness Continues, Down 15.5%
March 24, 2021 10:39 AM EDTViacomCBS (NASDAQ: VIAC) Weakness Continues, Down 15.5%
Pre-Open Stock Movers 03/24: (HOFV) (DLPN) (ZKIN) Higher; (EYES) (GME) (VIAC) Lower (more...)
March 24, 2021 9:26 AM EDTToday's Pre-Open Stock Movers:
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV) 75% HIGHER; announced it has signed a partnership with Dolphin Entertainment, Inc. (NASDAQ: DLPN), a leading independent entertainment marketing and premium content development firm, to offer non-fungible tokens (NFTs) that will allow fans of professional football and sports entertainment to buy and sell exclusive content developed by HOFV and its partners. The partnership provides the... More
ViacomCBS (VIAC) Prices 20M Class B Shares at $85, 10M Convertible Preferred Stock
March 24, 2021 7:03 AM EDTViacomCBS (NASDAQ: VIAC) (NASDAQ: VIACA) today announced the pricing of concurrent offerings of 20,000,000 shares of its Class B common stock, par value $0.001 per share), at a price to the public of $85.00 per share and 10,000,000 shares of its 5.75% Series A Mandatory Convertible... More