Skip to main content

TV Stocks Down Amid Panic Over Brexit

After a vote that the United Kingdom should exit the European Union, the U.S. stock market dove, taking TV stocks down with it.

The Dow Jones Industrial Average fell more than 400 points in morning trading.

Among the TV stocks most affected was Discovery Communications, down more than 6%, and 21st Century Fox, down more than 4%. Both companies have big overseas operations.

Related: Analyst: Brexit Could Delay IT Investment

Read more at B&C.