Media Stocks Largely Escape Another Tech Swoon


Companies ranging from Snap Inc. and Amazon to Netflix and Apple saw another tough trading session on Wall Street, with declines on Monday.

The parent of Snapchat ended at $6, down 4.5%.

Amazon shares were down 1.9%, to $1538.88 — a $103.93 slide.

Netflix slumped by 5%, with a drop to $284.84.

Apple was down 1.9%, to $212.24.

For radio and TV companies, the performance was largely OK.

Nexstar saw an important rebound, gaining 34 cents to $72.51.

Sinclair Broadcast Group was up 40 cents to $26.77.

That said, Veritone Inc. shares are at a new low, slumping another 28 cents to $6.68.