FactSet Insight: Box Office Renaissance, Entertainment Stocks Suffer
Read the full article on FactSet Insight.
Excerpt:
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.
Key Takeaways:
- 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
Recent Content
-
_thumb.png)
Data Minds - Proactive Data Strategies for Navigating Market Uncertainty | September 14, 2023 [Recording available]
-
_thumb.png)
Can Arm and Instacart Resuscitate the IPO Market?
-
Investing.com: Can Arm and Instacart Resuscitate the IPO Market?
-
Wall Street Horizon Q2 LERI (Late Earnings Report Index) Continues to Show Uncertainty from US Corporations
-
Traders' Insight: Data Strategies to Prepare Portfolios for Volatility
-
_thumb.png)
Data Strategies to Prepare Portfolios for Volatility
-
_thumb.png)
2023 Surge in Reverse Splits: A Reflection of Wall Street's Unease
-
See It Market: 2023 Surge in Reverse Splits: A Reflection of Wall Street’s Unease
-
_thumb.png)
Strong Earnings, Troubled Stocks: 3 Companies That May Light Up Volatility Screens
-
Yahoo Finance: Palo Alto stock surges after 'unique' Friday earnings release: 'Clearly, we have enjoyed the attention'
