By Jill Goldsmith Media shares plunged Wednesday as stocks closed in official bear market territory in the face of a bona fide global coronavirus pandemic.
Investors punished stocks from Dish to Live Nation, Gray Television, Cinemark, National Cinemedia and AMC Entertainment with double-digit losses.
Shares of the latter two companies settled at, respectively, just under five bucks and just over three. Disney, which showed off new CEO Bob Chapek to shareholders at its annual meeting in Atlanta, saw its stock sink by 5.3%.
Apple, which closed all its retail stories in Italy today, was down by 3.5%. ViacomCBS, whose falling share price has been giving parent company National Amusements some angst, shed 3.5%.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.