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Richard Greenfield
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Entertainment Stocks Hit 52-Week Lows Amid Latest Coronavirus Market Drop
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billboard.comEntertainment industry stocks on Monday hit new 52-week lows or were trading near their year lows amid the latest coronavirus-driven stock market drop.
Trading was briefly halted as the S&P 500 stock index plunged 7 percent.Walt Disney's stock hit $108 early in the trading session, near its 52-week low of $107.32.
Comcast hit a new year-low of $37.15, while ViacomCBS dropped as far as $19.41, also a new low for the past 52 weeks. (LightShed analyst Richard Greenfield on Twitter highlighted that the stock is down 52 percent since Viacom and CBS merged Dec.
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