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VIACA - ViacomCBS: Why I'm Going Against The Grain
ViacomCBS Inc - Class A
ViacomCBS shares plummeted 27% on March 26, and the stock is down 50% in the last five trading sessions.
The selloff was triggered by the announcement of a new Class B stock offering and a preferred stock offering that would bring the company at least $2.6 billion.
I have been waiting on the sidelines until now, but I am confident now is the right time for me to make a move and invest in ViacomCBS.