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Shares in ViacomCBS and Discovery — which led a remarkable surge in traditional media shares in 2021 — continued a week-long slide Friday as Wall Street analysts doled out downgrades saying the prices had gotten ahead of the fundamentals. Less than two weeks after hitting all-time highs, both stocks entered the home…

UPDATED with broader market movement, closing prices. Shares of AMC Entertainment have skyrocketed 301% on a wild trading day, recovering to levels not seen since long before the coronavirus pandemic. Broader stocks plunged in one of the market's worst sessions in months as mixed earnings and frenzied trading sparked…

UPDATED with closing price. FuboTV shares are riding high again after the emerging company announced it is acquiring sports betting startup Vigtory, planning to use it to launch a full-fledged sportsbook later this year. Terms were not disclosed for the deal, which is expected to close in the first quarter. It…

UPDATED with closing price, analyst comments. Shares in FuboTV have rebounded strongly after the streaming pay-TV bundle operator released preliminary fourth-quarter results showing more subscriber growth and better-than-expected revenue. The stock closed at $27.32, up 13% for the day, after reaching an intraday high…

UPDATED with today’s stock movement. FuboTV shares slid another 16% today on heavy trading volume as pessimistic investor sentiment on the streaming startup held sway on the final day of 2020. At $28.01, the stock is back where it traded two weeks ago, before a massive boom lifted it above $62, on volume nearly nine…

Shares in FuboTV, which boomed at the start of the week, have dropped more than 16% today, their second straight day of sharp declines at the end of a roller-coaster week. At $44.10 midway through the trading day, the stock is near the level where it began trading on Monday. It dropped 15% on Wednesday after reaching…

UPDATED with closing price. Disney shares exploded Friday, rising almost 14% to finish at $175.72. Trading volume was about nine times its normal level. The investor euphoria follows the company’s long-anticipated investor day. The Thursday afternoon event stretched into the evening, featuring four hours of plugs for…

UPDATED with closing price. Shares in Covid-19 darling Zoom Video Communications dropped 15% today despite the rising company’s stellar earnings report Monday. Some Wall Street analysts have raised concerns that the shares are overvalued after a 600% surge in 2020 to date as corporations, schools, government offices…

UPDATED with closing price. Shares in FuboTV, which recently went public, gained more than 2% to end Wednesday at a record closing price of $16.03 after the company reported better-than-expected subscriber numbers. The stock jumped more than 20% in early trading Wednesday and at one point surpassed $20 a share before…

Netflix shares ended the week on a down note, declining almost 2% Friday to close at $429.32, but a Wall Street analyst reaffirmed his “buy” rating and said the company has “plenty of subscriber runway.” The streaming stock has declined for five straight sessions, its longest such streak since February. Amid the…

Netflix and Amazon shares both closed Tuesday at their all-time highs, with both tech giants managing to largely thrive during a grueling period of viral shutdown. Broader stock indices extended their recent upswings despite pervasive gloom and doom in the forecast, with the Dow 30 climbing 2% and the NASDAQ rising 4%…

Wall Street analysts, many of whom sat in the audience Thursday as Comcast and NBCUniversal execs showed off their new streaming service, Peacock, have given the presentation high marks. Comcast shares rose 1% to a new high of $47.35 with about an hour left in Friday’s trading day. The stock has risen more than 30%…