moody's CBS Moonves

In a week with an unpredictable market, Cablefax’s breakdown of percentage gains and losses among media and telecom stocks last week showed that three broadcasters were hardest hit, with Entravision leading the charge. It closed at $6.68 per share, down 8.94%. Gray Television also declined despite its pending acquisition of TV and radio holding company Schurz Communications. The broadcaster’s share price had been up 23.23% increase the week prior after the deal was announced. Sinclair came in third, with a $25.28 share price and 7.16% decrease.

Top winners for last week included Blonder Tongue, at $.68 a share and a 25.93% increase; Shentel at $42.97 per share and 9.26% increase; and HSN at $59.50, a 3.3% increase. A report on September 18 from Brean Capital said that recent pressure on HSN stock might be unwarranted and that investors should take advantage and purchase shares—a note that could have resulted in the stock’s favorable position at Friday’s market closure.

Winners

1. BLNDER TONGUE:…………………………………………………0.68……… 25.93%
2. SHENTEL:……………………………………………………………42.97……….. 9.26%
3. HSN:……………………………………………………………………59.50……….. 3.30%
4. CISCO:………………………………………………………………..26.03……….. 1.90%
5. CROWN:………………………………………………………………..5.14……….. 1.58%

Losers

1. ENTRAVISION:………………………………………………………6.68………(8.94%)
2. GRAY TELEVISION:……………………………………………..12.63………(8.08%)
3. SINCLAIR:……………………………………………………………25.28………(7.16%)
4. MSG:…………………………………………………………………..70.81………(6.83%)
5. GRUPO TELEVISA:………………………………………………27.01………..(6.8%)

The Daily

Subscribe

Programming

Big goal for fuboTV , with the vMVPD acquiring the exclusive streaming rights to the remaining 70 qualifying matches to

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Jobs

Seeking an INDUSTRY JOB? VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.