Barclays boosted the price target on Booking Holdings Inc. (NASDAQ: BKNG) from $2,270 to $2,370. Booking Holdings shares fell 5.9% to close at $1,778.18 on Wednesday.
Paramount Global (NASDAQ:PARA) reported third-quarter FY22 revenue growth of 5% year-on-year to $6.92 billion, missing the consensus of $7.02 billion.…
U.S. stocks traded lower, with the Nasdaq Composite dropping more than 100 points on Wednesday. Here are some big stocks recording losses in today’s session.
Paramount Global (NASDAQ:PARA) reported quarterly earnings of $0.39 per share which missed the analyst consensus estimate of $0.43 by 9.3 percent. This is a 48.68 percent decrease over earnings of $0.76 per share from the same period last year.
Trading in the U.S. index futures suggests a mixed start on Wednesday, although the Fed rate decision and the signals coming out from the central bank will ultimately decide which direction the market would take.