Paramount Global (PARA) shares gained 12.11% today (2023-12-08). Is it the right time to buy?

What’s happening at Paramount Global (NasdaqGS:PARA)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 12.11% (or 1.82 points) to $16.85 from its previous close of $15.03. So is it the right moment to buy?
Read more: Paramount Global (PARA) shares gained 12.11% today (2023-12-08). Is it the right time to buy?