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Plunging Market Sends Media Stocks Tumbling

2018-10-11 1 Dailymotion

Broadcastingcable.com reports that media stocks are down as the stock market plunges.<br />The stock market had one of its worst days ever on Wednesday. <br />The Dow Jones Industrial Average registered an 831 point drop.<br />This represents a 3.15% decline overall, with most TV businesses similarly dropping.<br />AMC Networks dropped 3.85%, Walt Disney dropped 3.45% and Comcast was down 3.27%<br />The usually dependable Netflix fared even worse, their stock dropping 8.38%. <br />

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