missed first-quarter revenue estimates on Thursday amid a weak advertising market in its TV business and cut its dividend.
Shares of the New York-based company, formerly known as ViacomCBS, fell about 21% in early trading. They have gained more than 35% so far this year. "The company’s 79% dividend cut is not encouraging, but it was necessary," said Huber Research analyst Craig Huber. “They should have done it years ago, but better late than never."
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
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