Media Stocks Underperform Sinking Indexes

Stocks required a beating for that second straight day and therefore are lower considerably for that month, with lots of media stocks underperforming larger indexes.our editor recommendsApple Finishes Buying and selling Monday since many Valuable Company on Stock Exchange The Dow Johnson Industrial Average fell 391.01, or 3.five percent Thursday and it is off 7.6 percent in September. Among media conglomerates, only Comcast has outperformed the Dow throughout September. As the stock sunk 3.8 percent Thursday, it's only off 2.3 % for that month. The worst artist in September so far one of the entertainment conglomerates is CBS, which fell 7.2 percent on Thursday and it is lower 15.4 % around the month. The new sony comes next, losing 2.7 percent Thursday and off 14.9 % in September. Disney shares lost 5.five percent Thursday and therefore are lower 13.2 percent in September Viacom shares lost 6.2 percent Thursday and therefore are lower 11.9 % for that month News Corp. was off 2.9 % Thursday and it is lower 8.9 % in September and Time Warner lost 3.6 percent at the time but 8.7 percent around the month. The brutal month has knocked billions in the market capitalizations from the major media companies. By Thursday, Comcast was the biggest having a market 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 new sony ($18.7 billion) and CBS ($14.1 billion). Related Subjects Time Warner Viacom Comcast The Wally Disney Company News Corp. The new sony CBS Corporation