Communications services companies fell sharply as traders fled high-risk areas.
Shares of pure-play streaming companies such as Netflix and Paramount Global have not fallen as sharply as other firms.
Walt Disney, which also operates theme parks and broadcast television stations, has lost more than 17% in the last month alone.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 10, 2025 17:51 ET (21:51 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.