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                            <title><![CDATA[ Latest from Next TV in Stock-market-plunge ]]></title>
                <link>https://www.nexttv.com/tag/stock-market-plunge</link>
        <description><![CDATA[ All the latest stock-market-plunge content from the Next TV team ]]></description>
                                    <lastBuildDate>Thu, 11 Oct 2018 20:36:53 +0000</lastBuildDate>
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                                                            <title><![CDATA[ Cable Stocks Show Modest Losses in Day Two of Market Sell-Off ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/cable-stocks-show-modest-losses-in-day-2-of-market-sell-off</link>
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                            <![CDATA[ Cable Stocks Show Modest Losses in Day Two of Market Sell-Off ]]>
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                                                                        <pubDate>Thu, 11 Oct 2018 20:36:53 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Content]]></category>
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                                                    <category><![CDATA[Business]]></category>
                                                                                                                    <dc:creator><![CDATA[ Mike Farrell ]]></dc:creator>                                                                                                                                                                                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/qiVJK4FG8KQYmTvE8d9Pu5-1280-80.jpg">
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                                <p>Cable stocks continued to slide -- although there were some bright spots -- in the second day of a stock market sell-off driven by investors wary of slower economic growth and increased trade tensions.</p><p>The Dow Jones Industrial Average slipped 545.9 points (about 2%) to 25,052.83 on Oct. 11, after <a href="https://www.nexttv.com/news/media-tech-stocks-slip-in-dows-800-point-slide" data-original-url="https://www.multichannel.com/news/media-tech-stocks-slip-in-dows-800-point-slide">losing 831 points the day before.</a> Tech stocks, which bore the brunt of Wednesday’s sell-off, tempered their losses on Thursday. Netflix, which shed more than 8% of its value on Oct. 10, dipped 1.5% on Thursday, closing at $321.15 each. Amazon fell 2.1% and Apple was down about 1%, while Facebook ended the day on a high note, rising 1.3% to $153.35 per share.</p><p>Cable distribution stocks fell between 1% and 2% for the day, with Charter being the biggest loser, dropping 2.6% ($8.11 each) to $302.02 per share, Comcast fell 1.75% (60 cents) to $33.68 and Altice USA was down 2% (36 cents) to $17.54 per share.</p><p>Programming stocks were a mixed bag. 21st Century Fox was the sole gainer -- rising 1.2% (52 cents) to $45.14. Other stocks fell in the 1% to 3% range, with Discovery and CBS down 3.2% and 3.1%, respectively, while Disney finished the day down 1.5%.</p><p>AT&T, which said Wednesday that it planned to <a href="https://www.nexttv.com/news/at-t-readies-another-ott-offering" data-original-url="https://www.multichannel.com/news/at-t-readies-another-ott-offering">launch another OTT streaming video service next year</a>, fell 3.3% to $31.76 per share. </p>
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