Shares of Viacom (VIAB) Drops by -2.04%

Viacom (VIAB) : During the past 4 weeks, traders have been relatively bearish on Viacom (VIAB), hence the stock is down -4.49% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.48% relative to the S&P 500. The 4-week change in the price of the stock is -0.32% and the stock has fallen -2.04% in the past 1 week. The stock has recorded a 20-day Moving Average of 3.14% and the 50-Day Moving Average is 5.27%.

Viacom (NASDAQ:VIAB): The stock opened at $45.00 on Friday but the bulls could not build on the opening and the stock topped out at $45.00 for the day. The stock traded down to $43.70 during the day, due to lack of any buying support eventually closed down at $44.28 with a loss of -1.16% for the day. The stock had closed at $44.80 on the previous day. The total traded volume was 2,928,653 shares.


The company Insiders own 0.65% of Viacom shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -65.91% . Institutional Investors own 76.41% of Viacom shares. During last six month period, the net percent change held by insiders has seen a change of -67.62%.

Viacom Inc. (Viacom) is an entertainment content company that connects with audiences in over 160 countries and territories and creates compelling television programs, motion pictures, short-form video, applications, games, consumer products, social media and other entertainment content. The Company operates through two segments: Media Networks and Filmed Entertainment. Viacom Media Networks program services reached approximately 700 million households in over 160 countries. Viacom Media Networks operates the international extensions of the multimedia brands MTV, VH1, Nickelodeon, Comedy Central and BET, as well as certain program services. The Companys Filmed Entertainment segment produces, finances, acquires and distributes motion pictures and other entertainment content. under the Paramount Pictures, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films and Nickelodeon Movies brands.

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