Opening Glance: Media companies shares mostly rise
NEW YORK—Major media companies' shares mostly gained Thursday morning, as some positive retail sales results and a larger-than-expected drop in the number of unemployment claims helped offset worries about soaring energy prices.
On Wednesday, oil prices surged to a record of nearly $124, which drove the Dow Jones industrial average down by more than 200 points.
Here's how shares of some major media companies were trading Thursday morning:
Bucking the trend, ![]()
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