Stocks Plunge, Media Stocks Included

Aug 18, 2011  •  Post A Comment

It was another rough day on Wall Street as the Dow Jones Industrial average plunged 419.10 points to 10,991.11. It represented a drop of 3.7% for the day.

The Standard and Poor’s index of 500 companies fell 4.5%.

In a quick sampling of media stocks, Time Warner dropped about 6%, CBS over 9%, Cablevision almost 8% and Scripps Nets Interactive was down about 6%.

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