Shares of media stocks are trading lower amid the SAG-AFTRA union strike.
Portfolio Pulse from Benzinga Newsdesk
Media stocks are trading lower due to the SAG-AFTRA union strike. The companies mentioned are Disney (DIS), Paramount Global (PARA), and Paramount Global Class A (PARAA).
July 17, 2023 | 4:06 pm
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NEGATIVE IMPACT
Disney's stock is trading lower due to the SAG-AFTRA union strike.
The SAG-AFTRA union strike is causing a negative impact on media companies, including Disney. This could potentially disrupt their operations, leading to a decrease in their stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Paramount Global's stock is trading lower due to the SAG-AFTRA union strike.
The SAG-AFTRA union strike is causing a negative impact on media companies, including Paramount Global. This could potentially disrupt their operations, leading to a decrease in their stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Paramount Global Class A's stock is trading lower due to the SAG-AFTRA union strike.
The SAG-AFTRA union strike is causing a negative impact on media companies, including Paramount Global Class A. This could potentially disrupt their operations, leading to a decrease in their stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100