Entertainment Stocks Tumble as Coronavirus Crisis Spreads

  • 📰 THR
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Shares of top Hollywood media stocks on Monday fell in value on a new wave of concern that the coronavirus outbreak has spread widely beyond China

.

Among the other industry giants hit was Comcast, whose stock was off 2.6 percent, or $1.22, to $44.60 after reports Universal Pictures' star-studded publicity tour forfranchise movie -- a key revenue driver for the studio -- has been called off as around 70,000 movie theaters in China remain shuttered amid the outbreak.

Other market losers on Monday included Imax, which saw its shares fall by 32 cents, or 1.9 percent, to $16.58 as its own China theater closures show no sign of ending after the decision last month to postpone the Chinese New Year film slate in China because of the coronavirus outbreak.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

People just need to chill, and Netflix (or D+, Hulu, etc)

People will spend more time on social media, mobile games and streaming media.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airline stocks tumble as the coronavirus spreads outside of ChinaAirline stocks fell more than the broader market on concerns about the spread of the coronavirus in South Korea and Italy. China lied to us about the CORONA VIRUS - now nobody beleives the numbers and conspiracies are everywhere. FIX THIS CHINA !
Source: CNBC - 🏆 12. / 72 Read more »

Global Stocks Slump As Coronavirus Cases Surge In Italy And South KoreaStocks markets around the world fell over fears that the coronavirus could go global with a surge in reported cases of the pneumonia-like virus in South Korea and Italy. Is always the same, an opportunity to get rid of bad investments, as long as there's something to blame. This plague is spredding around the world! What a disaster!
Source: Forbes - 🏆 394. / 53 Read more »

Global Stocks Slump As Coronavirus Cases Surge In Italy And South KoreaStocks markets around the world fell over fears that the coronavirus could go global with a surge in reported cases of the pneumonia-like virus in South Korea and Italy. wow Be safe traveling
Source: Forbes - 🏆 394. / 53 Read more »

Warren Buffett interview live updates: 'Good for us' when stocks drop, Berkshire coronavirus impact“In effect, we don’t want everybody to buy our stock.” Warren Buffett says that he wants “people who are in sync with us” to invest in Berkshire. AskWarren BeckyQuick pergunte a ele se eu investir 100.00 reais brasileiros ,em qtas décadas ,vou ficar MILIONÁRIA kkkkkkkkkkkkkkk BeckyQuick Seems this market dip is starting to look like the opportunity Buffett has been waiting for BeckyQuick WHO CARES? MARKET IS CRATERING AND WE ARE NOT INTERESTED IN HEARING HIS LONG TERM MUSINGS! CUT HIM OFF!!
Source: CNBC - 🏆 12. / 72 Read more »

Global stocks tank as investors brace for a coronavirus pandemic - Business InsiderThe flu-like illness has now killed people in Italy, Iran, and South Korea, fanning fears it will hinder the global economy.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Global stocks roiled as Italy and South Korea sound coronavirus alarmStock markets around the world are selling off on Monday morning as coronavirus cases spike in Italy, South Korea and the Middle East. Live shot of Larry Kudlow: Ever notice how giddy cnbc gets when the markets are down. They'll trot out the same idiots and do the same stupid interviews. Now this is getting scary
Source: CNBC - 🏆 12. / 72 Read more »