Why ViacomCBS Shares Jumped 33% in February
Shares of ViacomCBS (NASDAQ: VIAC) jumped 33% in February, according to data provided by S&P Global Market Intelligence, after the company announced earnings and a new streaming service.
Quarterly results showed a 3% increase in revenue to $6.9 billion and net income of $810 million, or $1.31 per share. But the bigger news was on the streaming front.
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Source Fool.com
