Scalper1 News
The meltdown in media stocks took a breather on Monday though yet another report showed big Q2 subscriber losses for pay-TV companies, especially satellite broadcasters DirecTV Group and Dish Network (DISH). Media stocks were pummeled after companies reported disappointing Q2 earnings amid investor anxiety over a frayed pay-TV ecosystem and continued “cord-cutting” by young adults. But in early afternoon trading in the stock market today, shares Scalper1 News
Scalper1 News