Media Stocks Mostly Steady on Election Day

Nov 8, 2016  •  Post A Comment

As a tumultuous presidential campaign approached the finish line today, Wall Street appeared to be taking Election Day in stride. Variety reports that the major indexes ended the trading day with slight gains, following a larger bump Monday.

Media stocks were mostly up today.

“AMC Networks was the biggest exception, registering a nearly 2% decline to $52.37,” Variety notes. “Viacom ($37.35), Disney ($94.38) and Netflix ($123.64) were down less than 1% for the day.”

The biggest media gainers, according to Variety, were Fox ($27.08, up 1.5%), Lionsgate ($22.85, up 2%) and Discovery ($25.85, up 1.2%).

Your Comment

Email (will not be published)