Printer Friendly

Big Moves For Disney, FOX On News Of A Deal.

To little surprise, investors cheered today's transaction involving 21st Century FOX and The Walt Disney Co. by buying shares in both companies. Disney stock jumped by 2.75%, while FOX shares soared by 6.5%.

Meanwhile, it was another down session for iHeartMedia on Thursday, as Entercom rebounded with a 4% gain.

FOX's Class A shares ended the day at $34.88, up $2.13.

Disney stock is now at $110.57, thanks to a $2.96 climb.

For iHeart, shares now sit at 61 cents — down 4 cents.

For Entercom, a recent post-merger dip on Wall Street ended, with a jump of 45 cents to $11.25.

For a complete look at today's closing prices, please view the Wall Street Report on the homepage of RBR.com.

[c] Copyright 2017 Streamline RBR, Inc. All Rights Reserved. Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2017 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Radio and Television Business Report (RBR+TVBR)
Date:Dec 14, 2017
Words:145
Previous Article:MVPD NPRM Put In Motion By FCC.
Next Article:Audit Program For OTT Programming Distribution Ready To Start.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |