What the fudge is happening to legacy media stocks? $VIAC $DISCA $NFLX $T
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Something weird is happening in media stocks. Legacy cable channel / media stocks have seen their stocks go on an absolute tear so far this year, while streaming "winners" have been left behind. Year to date, AMC Networks, ViacomCBS, and Discovery have all more than doubled, while DIS is up slightly and NFLX is actually down.
What the fudge is happening to legacy media stocks? $VIAC $DISCA $NFLX $T
What the fudge is happening to legacy media…
What the fudge is happening to legacy media stocks? $VIAC $DISCA $NFLX $T
Something weird is happening in media stocks. Legacy cable channel / media stocks have seen their stocks go on an absolute tear so far this year, while streaming "winners" have been left behind. Year to date, AMC Networks, ViacomCBS, and Discovery have all more than doubled, while DIS is up slightly and NFLX is actually down.