Dow Screws Hollywood

September 18, 2008 by  

The Dow closed 504 points lower, its worst plunge since 9/11 β€” but shares of Big Media companies miraculously were down but by no means out. Hardest hit was NBC Universal’s parent company, GE, whose stock fell to a five-and-a-half-year low because it was lumped in with embattled financials, even though it’s a broadly diversified conglomerate.

 

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