FactSet Insight: Box Office Renaissance, Entertainment Stocks Suffer
Read the full article on FactSet Insight.
Kids are back in the classroom and more folks are back working at the office. Even corporate travel seems in full swing as autumn commences. A full “return to normal” leaves less in the way of free time for busy families across the country, but it’s important to take time to unplug. How about a trip to the movie theater? Or, if you are like so many consumers who bought a big screen TV during the pandemic, that will do just fine too.
- Netflix now dominates the motion picture industry, but shares have been under pressure all year long amid a selloff in tech-related entertainment stocks
- A look at year-to-date sector performances with Communication Services ranked last
- Corporate event data shows several key conferences and forums ahead of earnings season that could move individual stocks and the broader industry