Wednesday marked another sour day on Wall Street for CBS Corporation, with shares dipping 2.2%.
That’s more than $5 a share less than where CBS stood on February 22.
As the Closing Bell on Wall Street rang, CBS found itself at $46.16, down $1.05 (-2.2%) from Tuesday.
Volume was heavy at 4.89 million shares; normal trading volume is 3.15 million shares.
CBS was largely down across most of the trading day. And, the continued decline seen in the last four months came despite CBS going ex-dividend on March 8.
CBS carries a 1-year target price of $61.81.