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Why Viacom CBS Stock Jumped 23.2% Last Month

TheMotleyFool

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Why Viacom CBS Stock Jumped 23.2% Last Month

Shares of ViacomCBS (NASDAQ: VIAC) climbed 23.2% in April, according to data from S&P Global Market Intelligence. The stock climbed in conjunction with the broader market for most of the month, but got a boost during its final week when the media company started making moves to reduce its employee count.