From all that I know the only difference of classes is that one has voting rights while the other has higher dividend yield. But looking at Paramount A and Paramount B both of their charts are entirely ibde from each other.
In YTD the Class A rose by +16% while the Class B stock fell by -8%. How can that be possible to have 24% difference in performance when the underlying asset is the same?
Also a side question: The Class B (without voting rights) stock rose much more today reacting on the rumors of a merger. That doesn’t make sense right? Because the company that wants to buy Paramount Global will be much more interested in the voting rights than the capital stock?!
