AMC, Viacom, Discovery Shares Down After DirecTV Drops Some Channels
March 13 2019 - 1:55PM
Dow Jones News
AT&T Inc. (T) announced new streaming packages for DirecTV
on Wednesday, offering HBO but dropping channels from companies
including AMC Networks, Viacom and Discovery.
Around 1:15 p.m. ET, shares of AMC Networks Inc. (AMC) are down
in Tuesday afternoon trading, losing 5.53% to trade at $58.51.
Viacom Inc. shares have fallen as well, with Class A shares (VIA)
down 1.96% at $33.53 and Class B shares (VIAB) down 3.74% to trade
at $28.34. Discovery Inc. Class A shares dropped 4.71% to trade at
$27.03, while Class B shares (DISCB) are down 4.97% at $29.46 and
Class C shares (DISCK) dropped 4.34% to $25.76.
Shares of AT&T are slightly lower, losing 0.75% to trade at
$30.40.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 13, 2019 13:40 ET (17:40 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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