$16.91 PARAA Paramount Global NASDAQ pre-market 23 Jan 2026: Oversold bounce, watch $23.00 upside

PARAA stock opens pre-market at $16.91 on NASDAQ in the United States after a -5.37% move from the prior close. The price sits near the 52-week low of $16.70 on elevated volume 406,723.00, suggesting short-term selling pressure may be exhausted. For traders using an oversold-bounce strategy, Paramount Global (PARAA) shows a clear technical setup while fundamentals and cash flow metrics offer mixed support. We examine valuation, risk, and a practical entry plan for a measured bounce trade