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Telecom Shares Slip on Flight From Risk -- Communications Services Roundup

April 10, 2024 at 05:24 pm EDT

Communications services companies fell as stronger-than-anticipated inflation data spurred a flight from risk.

Three Paramount Global directors are expected to leave the board soon, as the Shari Redstone -controlled entertainment company discusses a merger with Skydance Media.

Shares of Smart Global Holdings fell sharply Wednesday after the company's fiscal second-quarter results missed Wall Street's expectations.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

04-10-24 1723ET

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SMART GLOBAL HOLDINGS, INC.	18.46 USD	+0.63%	+7.55%	959M
	PARAMOUNT GLOBAL	12.28 USD	+3.15%	-0.44%	8.36B

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