Shares of the broader communication services stocks are trading lower amid negative market sentiment after Fitch downgraded the long-term credit rating of the U.S.
Portfolio Pulse from Benzinga Newsdesk
Communication services stocks are trading lower due to negative market sentiment following Fitch's downgrade of the U.S. long-term credit rating.
August 04, 2023 | 12:04 pm
News sentiment analysis
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NEGATIVE IMPACT
AMX's stock is likely to be negatively impacted by the downgrade of the U.S. long-term credit rating.
As a communication services stock, AMX is likely to be negatively impacted by the downgrade of the U.S. long-term credit rating. This is due to the overall negative market sentiment that such a downgrade can cause.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
DIS's stock is likely to be negatively impacted by the downgrade of the U.S. long-term credit rating.
As a communication services stock, DIS is likely to be negatively impacted by the downgrade of the U.S. long-term credit rating. This is due to the overall negative market sentiment that such a downgrade can cause.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
MAX's stock is likely to be negatively impacted by the downgrade of the U.S. long-term credit rating.
As a communication services stock, MAX is likely to be negatively impacted by the downgrade of the U.S. long-term credit rating. This is due to the overall negative market sentiment that such a downgrade can cause.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50