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ViacomCBS Inc. Cl B stock rises Wednesday, outperforms market

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Terrence Horan

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Shares of ViacomCBS Inc. Cl B VIAC, -0.17% rallied 3.73% to $40.37 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.15% rising 0.85% to 4,480.70 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.68% to 34,814.39. ViacomCBS Inc. Cl B closed $61.60 short of its 52-week high ($101.97), which the company reached on March 15th.

The stock outperformed some of its competitors Wednesday, as Walt Disney Co. DIS, -0.14% rose 1.10% to $184.41, Netflix Inc. NFLX, -0.15% rose 0.88% to $582.87, and Comcast Corp. Cl A CMCSA, +0.12% rose 2.54% to $57.00. Trading volume (9.8 M) remained 1.1 million below its 50-day average volume of 10.8 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.