ViacomCBS: A House Built On Sand?


ViacomCBS shares continued to trend downward Friday, a day after the company produced Q4 2019 results that greatly disappointed investors.

Noted Wall Street analyst Michael Nathanson, Senior Analyst at MoffettNathanson, has reviewed the company’s report, which includes 2020 guidance. His assessment? The report “underscores the financial realities of this combination and serves as evidence of the structural challenges facing the media industry.”

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