Mid-Week Red For Broadcast Media Stocks


With the Closing Bell on Wall Street and at Nasdaq headquarters in Times Square on Wednesday, nearly every broadcast media company RBR+TVBR tracks had declined from Tuesday’s trading.

Among the companies seeing declines of particular note is The Walt Disney Co. Approaching $177 on November 8, shares in DIS dipped as low as $142.15 on December 1 before attempting a comeback. On December 29, Disney was down 33 cents to $154.87 in regular trading, and off an additional penny in immediate after-hours trading.

Meanwhile, technology company Veritone saw a $1.75-per share dip, as Sinclair Broadcast Group saw its shares decline by 72 cents per share.




Please enter your comment!
Please enter your name here