But while the broader stock market is on track to end the year significantly higher, just like it did in 2020, the media and entertainment sector looks to wrap it with a mix of big winners and losers and several hardly changed names, with even many gainers underperforming the broad-based S&P 500 index.
The S&P 500, which closed Wednesday at 4,788.64, tracked up 28.4 percent for the year as of the Dec. 29 market close, ahead of the final trading day of the year. In comparison, big Hollywood conglomerates, such as the Walt Disney Co. and , which both hit 52-week lows in December, saw their shares down markedly for the year-to-date period.
Lions Gate did well. All are desperate for content.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
These Asia stocks have fallen sharply since their 2021 IPOs, fading from their first day surgesSome 2021 Asia-Pacific IPOs have seen a sharp reversal in their fortunes since their strong market debuts.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks listless as tough year ticks downAsian share markets got off to a listless start on Thursday as the spread of Omicron clouded what is the last trading day of the year for many exchanges around the globe, while oil was close to finishing 2021 with gains of more than 50%.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks making the biggest moves premarket: Cal-Maine, Tesla, Alibaba and othersThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Asia-Pacific Stocks Mixed; S&P 500 and Dow Close at Record HighsThe S&P 500 sailed to its 70th record close of 2021 overnight stateside. The Dow Jones Industrial Average also notched a record close.
Source: NBCDFW - 🏆 288. / 63 Read more »
Stocks making the biggest moves midday: Victoria's Secret, Tesla, Didi and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks meander higher, scoring record highs for S&P 500, DowBetter-than-expected corporate earnings growth helped fuel the market’s rise this year and kept the indexes climbing to new highs. OMG!! I'm soooo pleased for all those billionaires...brings a tear to my eye. How can you have the words “meander” and “record highs” in the same sentence?
Source: latimes - 🏆 11. / 82 Read more »