Media Stocks Underperform Sinking Indexes

Stocks needed a beating for your second straight day and so are lower substantially for your month, with a lot of media stocks underperforming bigger indexes.our editor recommendsApple Finishes Purchasing and selling Monday because so many Valuable Company on Stock Market The Dow Manley Industrial Average fell 391.01, or 3.5 % Thursday which is off 7.6 percent in September. Among media conglomerates, only Comcast has outperformed the Dow throughout September. Because the stock sunk 3.8 percent Thursday, it's only off 2.three percent for your month. The worst artist in September to date among the entertainment conglomerates is CBS, which fell 7.2 percent on Thursday which is lower 15.four percent round the month. The brand new the new sony comes next, losing 2.7 percent Thursday and off 14.9 % in September. Disney shares lost 5.5 % Thursday and so are lower 13.2 percent in September Viacom shares lost 6.2 percent Thursday and so are lower 11.9 % for your month News Corp. was off 2.9 % Thursday which is lower 8.9 % in September and Time Warner lost 3.6 percent at that time but 8.7 percent round the month. The brutal month has knocked billions on the market capitalizations in the major media companies. By Thursday, Comcast was the greatest getting an industry cap of $57.8 billion, then Disney ($54.8 billion), News Corp. ($41.4 billion), Time Warner ($30.2 billion), Viacom ($22.8 billion), The brand new the new sony ($18.7 billion) and CBS ($14.1 billion). Related Subjects Time Warner Viacom Comcast The Wally Disney Company News Corp. The brand new the new sony CBS Corporation