Paramount Shares Surge: Shari Redstone's Health News Shakes Market
Friday, Jun 6, 2025 4:44 am ET1min read
PARAA--
Paramount Group, Inc. rose 3.63% in premarket trading. The company's chair, Shari Redstone, disclosed her thyroid cancer diagnosis, which has been ongoing since earlier this spring. Despite her health condition, Redstone continues to maintain all professional and philanthropic activities. Additionally, Paramount GlobalPARAA-- is progressing toward an $8.4 billion merger with Skydance Media, which would reshape the Hollywood landscape.
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